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ATHENS, Sept 30 (Reuters) - A $700 billion U.S. bailout plan will help soothe financial markets if it passes without major amendments, European Central Bank Governing Council member George Provopoulos said on Tuesday.

U.S. President George W. Bush said the plan was not dead although the U.S. Congress has failed to agree on the package.

"The expectation is that the rescue plan will help if it passes, if it's not significantly watered down," Provopoulos said.

(Reporting by George Gergiopoulos, writing by Krista Hughes) Keywords: ECB/PROVOPOULOS

tf.TFN-Europe_newsdesk@thomsonreuters.com

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