Monday, February 1, entered into force on the controversial agreement between the EU and the United States, under which the U.S. authorities to combat terrorism once again have access to information on millions of banking transactions made through the firm to provide financial services to SWIFT, with headquarters in Belgium.

term of the contract - only 9 months. A further period is expected to conclude a lasting agreement. However, it is clear that the deputies of the European Parliament at the meeting on Feb. 10 will try to reject the treaty. They believe that this document violates the law on the protection of private data, as well as their own rights. The agency AFP says that, in accordance with the Lisbon Treaty on reforming the EU MEPs have every right to participate in making such decisions.

future EU Commissioner for Justice, Viviane Reding has expressed doubts that an agreement on SWIFT is necessary or effective measure to combat terrorism. She stressed that individual rights must be respected, when people make transfers make sure to book tickets or pass through a preflight inspection at airports, said agency DAPD.

Federal Commissioner for the Protection of private data Peter Shaar also expressed the view that the treaty on SWIFT is contrary to the protection of private data and "not justified in democratic terms.

through SWIFT on a daily basis are about 15 million banking transactions, including regular cash transfers to EU countries. This means that in the field of view of the American detective could theoretically reach every inhabitant of Europe. The EU hopes that in exchange for this agreement the U.S. will supply the European security agencies own information on terrorists, said the agency AFP.

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