German politicians and government officials have reacted angrily to a plan by the European Commission to renew an agreement with the United States, which gives anti-terror officials’ the ability to scrutinize the banking activities of European citizens. The oversight occurs through the Society for Worldwide Interbank Financial Transactions or SWIFT, which handles millions of transactions a day .
In an interview with the Berlin daily Berliner Zeitung, Alexander Dix, the German Data Protection Commissioner called the plan to share banking data with US anti-terror authorities “unacceptable,” urged the Federal government to oppose the plan.
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