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BERLIN (Reuters) - Germany denied a report on Monday that it was ready to boost the combined firepower of the euro zone's rescue funds to 750 billion euros ($978 billion).
"It is not true. There is no such decision," German Chancellor Angela Merkel's spokesman Steffen Seibert told Reuters, referring to a Financial Times newspaper report earlier that Germany would accept an increase of the rescue schemes in return for its euro zone peers accepting tough budget rules in a new fiscal compact.
Reporting by Andreas Rinke and Noah Barkin, writing by Annika Breidthardt; editing by Rex Merrifield