Failed EU-U.S. data deal to be revived, U.S. says | Reuters: "'There are still issues we have to work through,' Holder told a news conference in Madrid following talks with EU officials.
'I am confident that over a relatively short time, the (data sharing) will be once again active.'
Holder met EU officials in Spain this week to discuss security cooperation with the 27-nation bloc, notably the data agreement rejected by the European Parliament in February because of concerns over citizens' privacy. The United States wants access to information about money transfers in Europe, saying it is crucial in tracking suspected terrorists.
Negotiations on a new agreement between Washington and Brussels could start as soon as this month, pending a green light from EU governments.
Washington was forced to seek an agreement on data sharing with the EU when the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which tracks money transfers, changed its server infrastructure several months ago.
But any new deal will have to address concerns by EU parliamentarians over privacy safeguards such as the right to complain if citizens feel their data is misused. Deputies also want provisions against sending bulk packages of information instead of data on specific cases.
In a debate over the EU's proposed negotiating framework in the European Parliament this week, lawmakers again demanded more stringent protection.
'The Americans are looking for a needle and we basically send them a haystack,' Sophie in't Veld, a Dutch member of the EU assembly, said."
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