EU rejects bank data deal with US

11/02/10 14:18 CET

europa

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Europe has said no to the US on a deal on the sharing of bank data.

The European Parliament has rejected an agreement that had provisionally gone into force at the start of this month.

MEPs have effectively snubbed appeals from Washington for help in investigations into terrorism.

The opposition mostly comes from the parliament’s Liberal, Socialist and Green groups, who say the deal does not protect the privacy of EU citizens.

More about: Banking secrecy, European Union, USA

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