February 11, 2010 / 11:34 AM / 10 years ago

EU assembly rejects U.S. bank data deal

BRUSSELS (Reuters) - The European Parliament rejected on Thursday an agreement with the United States on sharing bank data, snubbing appeals from Washington for help in counter-terrorism investigations.

The nine-month interim agreement went into force provisionally at the start of February but some deputies opposed it on the grounds that it failed to protect the privacy of EU citizens.

Washington will now have to seek other ways to access information on money transfers in Europe.

It says such data is vital to track terror suspects.

Reporting by Justyna Pawlak; Editing by Dale Hudson

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