SAN FRANCISCO (MarketWatch) -- European officials are discussing the possibility of significantly boosting the region's ability to fight the debt crisis by operating two bailout funds, the Financial Times reported Tuesday on its website. The talks are focusing on the possibility of allowing the euro-zone's 440 billion euros ($590 billion) bailout fund to remain in operation when a new 500 billion facility comes into force in 2012, the newspaper said. The idea of a bulked up rescue fund will be introduced along with the proposal on revising existing treaties to strengthen budget rules when leaders from 27 European Union countries meet later this week, according to the FT