EUROPEANS MIFFED OVER CLINTON'S PESO PLAN

Germany complained today that President Clinton had not consulted adequately with European lending partners in his haste to fashion aworkable peso rescue package. "We would have wished the coordination to have been a little tighter," Finance Minister Theo Waigel told reporters. The International Monetary Fund approved the $17.8 billion plan Wednesday, despite surly abstentions from Britain, Germany, Denmark, the Netherlands, Belgium and Switzerland. "They literally got the proposal an hour before it was announced," says TIME Washington correspondent Suneel Ratan. "It does appear that Clinton has broken a few eggs on the way to making this omelette." U.S. officials told Ratan that Treasury Secretary Robert Rubin is attempting to smooth ruffled feathers today at a meeting of G-7 finance ministers in Toronto.