• Germany's news in English
 
app_header_v3

Berlin tries to torpedo EU deal with US for bank data exchange

DDP/The Local · 13 Nov 2009, 08:58

Published: 13 Nov 2009 08:58 GMT+01:00

“The federal government has distanced itself from the SWIFT agreement,” she told the Berliner Zeitung daily. “I consider it unfortunate that the EU is trying to push through this agreement according to the old rules one day before the Lisbon Treaty goes into effect.”

She pointed to the fact that the treaty reorganising the European Union’s inner workings will give the European Parliament a greater say in such matters like the data transfer agreement.

But the minister also said she had problems with the substance of the deal, which is meant to help US officials track terrorist finances.

Story continues below…

“I am still critical of how the extent of information transfer to the USA and the lacking legal recourse,” Leutheusser-Schnarrenberger said.

DDP/The Local (news@thelocal.de)

Your comments about this article

01:11 November 15, 2009 by Ducano
It is about time,that Europe cuts it`s umbilical cord with the US.Why should the EU give the US even more power than they have already taken?Fiction has a way of becoming reality and when you remember George Orwell`s 1984 and his fictitious prediction of "Big Brother",you should stop and pause for some serious reflection.The world was never going to allow another Hitler,but sometimes it seems too late already to stop it,although I do admit with the departure of G.W.Bush,that the doomsday clock was moved back somewhat,but the same forces,that ruled (under) him,still hold sway over the White House,which is mainly run by the banks,the oil companies and the military industrial complex.How the US can keep fighting and support all its military bases around the world,while they have such a big mortgage on their White House,is hard to imagine being possible without theft and corruption.This smells like a Faustian deal.
03:11 November 15, 2009 by boonhoh
Has the US gone crazy and EU, aside from Germany joined their insanity!?

I think it is about time more nations tell the US to bugger off and stop giving over the information of their citizens.
09:40 November 15, 2009 by kiwikraut
"But the minister also said she had problems with the substance of the deal, which is meant to help US officials track terrorist finances."

I have problems to believe that as well ! How bloody stupid do these guys actually think people are !?
Today's headlines
This Week in History
75 years since one of Holocaust's worst massacres
Photo: DPA

On Thursday, German president Joachim Gauck spoke in Kiev 75 years after the Nazis slaughtered 33,771 Jews during one of the worst single massacres of the Holocaust.

Six things you need to know about troubled Deutsche Bank

Shares in Deutsche bank plunged on Friday morning, dragging down other European banks and markets worldwide. Here are six things to know about Germany's biggest lender.

Deutsche Bahn jacks up prices for first time in 3 years
Photo: DPA

Germany's main rail provider, the state-owned Deutsche Bahn (DB), announced on Friday that it will raise prices on long-distance train travel.

Baby found alive in suitcase with skeleton in Hanover
File photo: DPA.

A baby has been found alive, along with the skeleton of another infant inside of a suitcase in Hanover, police reported on Friday.

Morocco to speed up repatriation of illegal migrants
Photo: DPA

Morocco has agreed to streamline the procedures for the repatriation of citizens living illegally in Germany, the royal court said late on Thursday.

890,000 refugees arrived in Germany last year - not 1.1m
Photo: DPA

Previous reports had suggested that around 1.1 million people entered Germany to seek asylum last year. But now the German government has confirmed the number was actually lower.

Racist attacks cast cloud over Dresden Unity Day planning
A police vehicle in Dresden. Photo: DPA.

As Dresden prepares to host Germany’s national Unity Day celebrations on Monday, the capital of the eastern state of Saxony is upping security after a mosque was targeted by a homemade bomb.

Sinking Deutsche Bank stock sends shock across Europe
Photo: DPA

Shares in Germany's biggest lender Deutsche Bank plummeted on the Frankfurt stock market on Friday, dragging other European banks and global markets down with it, after reports some customers were pulling money out.

The Local List
10 things you never knew about German reunification
Reunification celebrations in Hanover in 2014. Photo: DPA

With German Unity Day (October 3rd) happening on Monday, Germans are looking forward to a three-day weekend. But did you know these facts about reunification and German Unity Day?

Munich pharmacy’s nighttime porno show draws crowd
Photo: DPA

When a police patrol in Munich's Sendlinger Tor area noticed a crowd gathered outside a pharmacy window they went to investigate. But the onlookers weren't interested in a new line of flu medicine.

Sponsored Article
The Inner Circle: the secret to dating in Berlin
Germany's 10 most Instagram-able places
Sponsored Article
Why Jordan is the ‘Different’ East
Lifestyle
15 pics that prove Germany is absolutely enchanting in autumn
Lifestyle
10 German films you have to watch before you die
Lifestyle
6 things about Munich that’ll stay with you forever
Sponsored Article
Retiring abroad: ensuring your health is covered
Lifestyle
10 pieces of German slang you'll never learn in class
National
Seven great reasons to stay in Germany this September
National
Ouch! Naked swimmer hospitalized after angler hooks his penis
National
Six reasons why Berlin is now known as 'the failed city'
Sponsored Article
Life in Jordan: 'Undiscovered treasure'
National
15 tell-tale signs you’ll never quite master German
Culture
7 American habits that make Germans very, very uncomfortable
Sponsored Article
The Inner Circle: the secret to dating in Berlin
Rhineland
Story of a fugitive cow who outwitted police for weeks before capture
Culture
Eleven famous Germans with surnames that'll make your sides split
Lifestyle
The best ways to get a visa as an American in Germany
Gallery
Germany's 17 Olympic gold medals in pictures
14 facts you never knew about the Brandenburg Gate
Society
Ten times Germans proved they really, really love beer
National
Six things you need to know when moving to Germany
Travel
These 10 little-known German towns are a must see
International
German scientists prove birds can sleep while flying
Technology
London v. Berlin: Which is better for startups?
Lifestyle
13 mortifying mistakes German learners always make
6,718
jobs available
Toytown Germany
Germany's English-speaking crowd