Merkel, Sarkozy call for financial transaction, bank taxes

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German Chancellor Angela Merkel and French President Nicolas Sarkozy said Monday they would jointly call for a bank levy and a tax on financial market transactions at the next meeting of the G20.

"We have agreed that we will write a joint letter to the current president of the G20, Stephen Harper ... making clear our expectations for a successful G20," said Merkel.

© 2010 AFP

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