EU Said to Weigh Using Bailout Fund

Brussels summit will consider a number of options for stemming debt crisis.

European officials are considering steps previously rejected by Germany, including the use of precautionary credit lines, to prevent the spread of the region’s debt crisis, a person close to the talks said.

Other options up for discussion at tomorrow’s Brussels summit include enabling the main 440 billion euro ($626 billion) rescue fund to lend to recapitalize banks, said the person, who declined to be named because negotiations are in progress. Nothing will be decided until leaders convene.

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