WRAPUP 4-European nations unveil crucial bank rescues

* European nations announce coordinated bank rescue measures

* Merkel says growth to fall, may miss 2011 balanced budget

* ECB's Trichet invited to brief EU summit

* Russia rebound falters

(Adds Trichet to attend EU summit, EU issues bank rescue rules)

By Mathias Sobolewski and Paul Taylor

BERLIN/BRUSSELS, Oct 13 (Reuters) - European nations announced massive financial rescues on Monday as governments across the continent stepped in to shield banks and restore confidence in the face of the worst financial crisis in nearly 80 years.

German Chancellor Angela Merkel presented a rescue package that will provide 400 billion euros ($543.4 billion) in bank guarantees and a further 100 billion euros in state funds to recapitalise banks. [ID:nBAT002426]

French President Nicolas Sarkozy, who hosted a euro area summit with Britain on Sunday which agreed on the coordinated action, said France would create two funding vehicles with up to 320 billion euros to guarantee bank lending and 40 billion euros to provide capital to banks in need. [ID:nPAB004425]