Italian Prime Minister Mario Monti has invited his French, Spanish and German counterparts for a four-way summit on the debt crisis to take place after June 17, government sources said Friday.

While the exact date for the summit has not yet been fixed, it will be held after general elections in France and Greece, which are scheduled for June 17.

Earlier this month Monti had announced a meeting with new French President Francois Hollande and German Chancellor Angela Merkel for June, and later extended the invitation to Spanish Prime Minister Mariano Rajoy.

The Italian premier has been calling for a greater focus on growth in order to balance harsh austerity measures. Monti and Hollande have been pushing for the launch of eurobonds as a tool with which to survive the debt crisis, but the issue has divided European leaders, with Merkel repeatedly coming out against the move.