Germany seeks crisis loan guarantee limit: sources

BRUSSELS (BestGrowthStock) – Germany wants the rest of the European Union to agree to limit any loan guarantees for debt-stricken euro zone states to a maximum of 500 billion euros ($671 billion), EU sources said on Sunday.

The sources said the executive European Commission wanted EU finance ministers to agree at talks in Brussels to much larger-than-expected sums to protect euro zone member states, but Germany was asking for a limit to be placed on the amount.

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(Reporting by Ilona Wissenbach, editing by Dale Hudson)

Germany seeks crisis loan guarantee limit: sources