“The EU is about to enter talks with the US on giving it access to banking data in its fight against terrorism. German politicians from across the political spectrum are up in arms, and members of the European Parliament say they will try to scupper any deal that violates data privacy.

US anti-terror officials want to be able to continue examining Europeans’ financial transactions, and it appears likely that the European Union is going to comply.

On Monday, foreign ministers of European Union member states gave their approval for the European Commission and Sweden, which currently holds the six-month rotating EU presidency, to negotiate an agreement with Washington that would allow it to scrutinize European citizens’ banking data. However, there is a growing wave of criticism from across the political spectrum in Germany and from the European Parliament…”

source: spiegel.de

Tags: Bank, Banksters, EU, US, Your Rights
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