Belgium EU Budget Summit

November 23, 2012 - 2:33 PM
European Commission President Jose Manuel Barroso, left, and European Council President Herman Van Rompuy participtate in a media conference after an EU summit in Brussels on Friday, Nov. 23, 2012. The prospect of failure hangs over a European Union leaders’ summit intended to lay out the 27-country bloc’s long-term spending plans. While heavyweights like Britain and France are pulling in opposite directions, smaller members are threatening to veto a deal to make themselves heard. (AP Photo/Virginia Mayo)