
Herman Van Rompuy, president of the European Council (Associated Press)

Francois Hollande (left), the new president of France, has pressed the European Union to embrace measures that promote growth. European Council President Herman Van Rompuy (center) said that EU leaders should consider "innovative, or even controversial, ideas." German Chancellor Angela Merkel previously proposed strict fiscal and deficit targets.

Francois Hollande (left), the new president of France, has pressed the European Union to embrace measures that promote growth. European Council President Herman Van Rompuy (center) said that EU leaders should consider "innovative, or even controversial, ideas." German Chancellor Angela Merkel previously proposed strict fiscal and deficit targets.

Mario Draghi (center), president of the European Central Bank, talks with Mario Monti (left), the Italian prime minister and finance minister, and Luxemburgian Prime Minister Jean-Claude Juncker, chairman of the Eurogroup, during a ministerial meeting at the European Council building in Brussels on Monday, May 14, 2012. (AP Photo/Yves Logghe)

Mario Draghi (center), president of the European Central Bank, talks with Mario Monti (left), the Italian prime minister and finance minister, and Luxemburgian Prime Minister Jean-Claude Juncker, chairman of the Eurogroup, during a ministerial meeting at the European Council building in Brussels on Monday, May 14, 2012. (AP Photo/Yves Logghe)

Greek Finance Minister Evangelos Venizelos arrives at a meeting of European Union finance ministers at the European Council building in Brussels on Monday, Feb. 20, 2012. (AP Photo/Yves Logghe)

Herman Van Rompuy, president of the European Council (Associated Press)

President Obama listens as European Council President Herman Van Rompuy speaks with the media on Monday, Nov. 28, 2011, in the Roosevelt Room of the White House in Washington. (AP Photo/Haraz N. Ghanbari)

Greek Prime Minister George Papandreou (left) and European Council President Herman Van Rompuy address the media at the European Council building in Brussels on Monday, June 20, 2011. (AP Photo/Yves Logghe)