EU close to new data deal with US

June 10, 2010 EU Interior Affairs Commissioner Cecilia Malmstrom said Thursday such an agreement would provide more and better privacy protection than a previous one. She also predicted that the deal would be reached this month.

The European Parliament had rejected that earlier agreement, telling Malmstrom to get a better one.

The EU assembly must OK the new deal that stems from a secret program that was launched after the Sept. 11, 2001, terror attacks. It gave U.S. authorities access to European financial data but skirted Europe's strict privacy rules.

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