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BRUSSELS, BELGIUM - JUNE 28: In this photo provided by the German Government Press Office (BPA), Chancellor Angela Merkel, seated beside European policy adviser to the Chancellor, Nicholas Meyer-Landrut (L), speaks with the President of the European Central Bank, Mario Draghi (R), before the start during the opening session of the Meeting of the European Council at the EU Council building on June 28, 2012 in Brussels, Belgium. Econimic issues expected to be discussed during the two-day European Council meeting, 28-29 June, are the Multiannual Financial Framework, the European Semester and the European growth agenda. (Photo by Guido Bergmann/Bundesregierung - Pool/Getty Images)

BRUSSELS, BELGIUM - JUNE 28:  In this photo provided by the German Government Press Office (BPA), Chancellor Angela Merkel, seated beside European policy adviser to the Chancellor, Nicholas Meyer-Landrut (L), speaks with the President of the European Central Bank, Mario Draghi (R), before the start during the opening session of the Meeting of the European Council at the EU Council building on June 28, 2012 in Brussels, Belgium. Econimic issues expected to be discussed during the two-day European Council meeting, 28-29 June, are the Multiannual Financial Framework, the European Semester and the European growth agenda.   (Photo by Guido Bergmann/Bundesregierung - Pool/Getty Images)