FACTBOX- Financial rescue plans from G7 and EU countries

(Reuters) - The world's richest nations have vowed to prevent vitally important banks from failing and to unfreeze credit markets in a bid to halt panic in financial markets.

The Group of Seven plan, however, was short on details.

Eurogroup leaders from the 15 countries using the euro currency meet in Paris on Sunday to hammer out the specifics of a European response to the crisis.

Below are details of the financial rescue plans already in place or under consideration by leading countries:

UNITED STATES - $700 billion (411 billion pounds) plan

- BANK CAPITAL: The Treasury can inject capital into financial institutions, including insurance companies, that seek government aid

- The Treasury can buy up troubled mortgage assets from financial institutions

- BANK DEPOSITS: insured up to $250,000 per account. The Treasury can lend an unlimited amount to the bank insurance agency to ensure depositors in failed banks are repaid.

- Securities regulators can suspend mark-to-market accounting, blamed for forcing financial institutions into insolvency when market value of assets plunge or are unknown