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France wants 300 bln eur EU rescue package-source

BERLIN
Wed Oct 1, 2008 1:00pm EDT

BERLIN (Reuters) - France plans to propose at a meeting of big European Union countries this weekend that the bloc pursue a 300 billion euro ($424.4 billion) rescue package for the financial sector, a European government source said on Wednesday.

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"France will propose at the Saturday meeting a European rescue plan with a volume of 300 billion euros," the source, requesting anonymity, told Reuters.

(Reporting by Matthias Sobolewski; Writing by Noah Barkin)
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