The European Parliament voted against the Swift agreement allowing the United States to search European personal banking data. Photograph: Martin ArglesEurope Rejects U.S. Deal on Bank Data -- New York Times
BRUSSELS — The European Parliament on Thursday broadly rejected an agreement with the United States on sharing information on bank transfers that was aimed at tracking suspected terrorists through their finances.
The vote in Strasbourg, France, underlined differences between the United States and the European Union over how to balance guarantees of personal privacy with concerns about national and international security.
A resolution to reject the deal passed 378-196, with 31 abstentions. The vote means that the agreement, which provisionally went into force at the beginning of February, cannot be used as planned.
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More News On Europe's Rejection Of US Access To Bank Data
European parliament rejects US data swap deal -- Financial Times
MEPs veto US access to bank data -- The Guardian
EU Lawmakers Reject EU-US Data Sharing Plan -- Wall Street Journal
EU assembly rejects U.S. bank data deal -- Reuters
My Comment: The vote was not even close.
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