The Greek government is taking to China its plan to raise 50 billion euros ($64.74 billion) by privatizing some of its assets in a bid to attract "long-term investors", a Greek diplomat said on Thursday.
Greece's state-asset sales fund chairman said the country was looking in China for investors with a long-term horizon as the government ramps up the pace of asset sales.
European leaders arrived in Brussels on Thursday afternoon for a two-day summit that some observers are calling the last chance to save the euro.
European Union top leaders have agreed on a package of growth initiatives worth 120 billion euros to help the most vulnerable economies in the bloc.
Experts said their expectations are very low as European Union leaders gather for another summit on Thursday and Friday to try to tackle the debt crisis.
The deficit of the Spanish central government increased in the first five months of 2012, nearing the full year target, the Budget Ministry said.
Greece's new Prime Minister Antonis Samaras will not be well enough to travel to a critical European Union summit in Brussels after undergoing an eye operation.
Leaders of the big four eurozone nations - Italy, Germany, France and Spain, met in Rome to consider the future of the euro.
Spain needs up to 62 billion euros (about $78 billion) of aid to recapitalize its banks, international auditors said Thursday.
The Washington-based IMF said it was ready to continue lending support to Greece's economic growth and job creation efforts.
The pro-bailout conservative New Democracy party beat the anti-bailout leftist Syriza party in Greece's crucial election on Sunday.
Soaring suicide rates since the debt crisis unfolded have taken a toll on psychiatrist Dimitris Boukouras.
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