May 18, 2010 / 5:01 PM / 9 years ago

Germany to ban certain short-selling -coalition source

BERLIN, May 18 (Reuters) - Germany plans to ban naked short-selling on certain stocks and euro government bonds, a coalition source told Reuters on Tuesday.

“From midnight today there will be a ban on naked short selling of certain stocks and euro government bonds,” a source told Reuters. No further details were immediately available.

German coalition sources told Reuters earlier that Finance Minister Wolfgang Schaeuble plans to ban short-selling from midnight.

Economy Minister Rainer Bruederele told Reuters that it was possible the short-selling ban would be quickly enacted.

No other details were immediately available.

Reporting by Holger Hansen, Andreas Rinke and Thorsten Severin; writing by Erik Kirschbaum

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