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Renewal of EU Agreement with U.S. Unlikely to Face Protest
By Brian Monroe
printEuropean Union plans to extend a bank data sharing program with U.S. anti-terrorist investigators are likely to face little opposition over privacy concerns, in part because of the efficacy of the program, according to a European official. EU foreign ministers agreed unanimously Monday to a proposal to temporarily renew the June 2007 program under renegotiated terms. The current agreement allows U.S. investigators to subpoena European bank transactions suspected of terrorist ties provided a targeted account holder is informed of the request and can seek an injunction blocking it. Privacy advocates sought assurances after a June 23, 2006 disclosure by The...
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