German, U.K., Swedish Left Calls for G20 Deal, Handelsblatt Says

German, U.K. and Swedish Socialist and Labour Party leaders called on the Group of 20, meeting in Cannes, to come up with a global plan for growth and stronger political leadership during the debt crisis, Handelsblatt reported in its online edition.

Sigmar Gabriel, the chairman of Germany’s Social Democratic Party; Ed Miliband, the leader of the U.K.’s Labour Party, and Hakan Juholt, the chairman of the Swedish Social Democratic Party, suggested a “new deal” for economic growth, according to the newspaper.

They also said G20 leaders should commit to the introduction of a financial transactions tax for all major financial centers and an agreement to separate consumer and investment banking, Handelsblatt reported.

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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