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Tuesday, July 6, 2010

EU parliament group backs U.S. bank data deal

France (Reuters) - A European Parliament committee said on Monday it supported a deal with the United States on sharing citizens' bank data, a move which investigators say will help counter-terrorism investigations.The vote in the parliament's civil liberties committee followed weeks of negotiations between Washington and the European Union to improve privacy safeguards in the agreement after lawmakers vetoed an earlier version in February.The EU has won concessions from U.S. officials on how bank data will be transferred and used, allaying concerns...