Activists build sandbag wall at Frankfurt exchange

FRANKFURT, Germany (AP) — Activists calling for a tax on financial transactions have erected a wall of sandbags outside the Frankfurt stock exchange.

The anti-globalization group Attac said that about 200 people participated in Sunday's action, with the wall meant to symbolize a rampart against financial speculation.

Carrying placards with slogans such as "Stem Speculation" and "Financial transaction tax now," they built the wall of sandbags around the statues of a bull and a bear — symbols of optimistic and pessimistic markets — that stand in front of the exchange building.

Germany's center-left opposition is pressing Chancellor Angela Merkel's government to push for European countries to introduce a tax on financial transactions as Merkel seeks its support to get a European fiscal-discipline pact passed by the country's Parliament.