A German government official attending the Group of 20 meeting of finance ministers and central bank governors in Busan, South Korea, said members are concerned about growing financial market risks even while they’re relieved that crisis management in the European Union works.

The euro stabilization package, which includes a special- purpose vehicle to help troubled euro member countries, will be finalized at a meeting of euro region finance ministers in Luxembourg on June 7, he said. The German official spoke on condition of anonymity.

For more: German Official Sees Euro Stabilization Package Finalized June 7 - BusinessWeek