Call Grows In Europe To Limit Bonuses.

Seven European finance leaders have called for far-reaching curbs on bonuses for bankers in a strongly worded draft paper to be presented at a meeting on Friday of G-20 ministers in London. Citing the ''insatiable greed'' of some financial players and their ''destructive irresponsibility,'' the draft calls for the G-20 to impose a policy that would prohibit guaranteeing bonuses for more than a year and would require that bonuses be spread over several years. ''Bonuses should reflect the individual's and bank's true performances over time,'' the draft said. [ABSTRACT FROM PUBLISHER]