Yes to SWIFT unlikely as vote in limbo

Euractiv.com reports today that a debate in the European Parliament last night cast a cloud of uncertainty over a vote scheduled today (11 February) on an agreement between the EU and the US on the transfer of citizens' financial data to prevent terrorist attacks.

MEPs close to the negotiations told EurActiv that after a tense debate with the European Council and the European Commission, the Council began trying to hash out a compromise in the small hours of 10 February to satisfy MEPs' concerns on bulk data transfers and legal redress.

On Wednesday, the Council also issued a statement saying it would try to meet MEPs' concerns ahead of today's plenary vote.

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