French President Francois Hollande arrives for a press conference at an EU Summit in Brussels, Friday, June 29, 2012. (AP Photo/Michel Euler)

From right, European Commission President Jose Manuel Barroso, European Council President Herman Van Rompuy and Denmark's Prime Minister Helle Thorning-Schmidt participate in a media conference at an EU Summit in Brussels on Thursday, June 28, 2012. European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. (AP Photo/Virginia Mayo)

German Chancellor Angela Merkel reacts during the debate after her speech for the upcoming EU summit at the German parliament Bundestag in Berlin, Wednesday, June 27, 2012. Germany faces increasing pressure to relent on its resistance to jointly issued eurobonds and other forms of debt-pooling ahead of a European Union summit Thursday. (AP Photo/Markus Schreiber)

European Council President Herman Van Rompuy speaks during a media conference at an EU Summit in Brussels on Thursday, June 28, 2012. European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. (AP Photo/Virginia Mayo)