Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-11-Speech-4-165"
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"en.20100211.12.4-165"2
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".
The EU has allowed the USA to give it the run-around for far too long. It is high time we put an end to the USA’s constant incursion on our civil rights and liberties and data protection in the name of combating terrorism. The transmission of financial payment messaging data to foreign powers constitutes a serious encroachment on the fundamental rights of our citizens, particularly when the recipient of the data is the United States of America. The transfer of millions of items of bank data is absolutely not in Europe’s interest.
Nobody knows what US secret services will do with the data collected and that leaves the door wide open to all kinds of abuse, even economic espionage. Washington using bank data in the fight against terrorism is nothing but a cheap smoke-screen. Apart from anything else, by saying ‘no’ to the SWIFT agreement, the EU could prove its independence from the USA. I can only wholeheartedly support a ‘no’ to the SWIFT agreement from the European Parliament."@en1
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