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zigzagman

05/18/10 2:49 PM

#8339 RE: peewee #8338

Germany plans to ban naked short-selling on stocks and euro government bonds, German all-news network N-TV reported on Tuesday.

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 Andreas Rinke and Thorsten Severin; writing by Erik

http://www.reuters.com/article/idUSBAT00546320100518