FITUG e.V. Förderverein Informationstechnik und Gesellschaft

European Union Approves Data Privacy Accord

http://www.nytimes.com/library/tech/00/06/biztech/articles/02privacy.html

June 1, 2000

European Union Approves Data Privacy Accord

By THE ASSOCIATED PRESS

BRUSSELS, June 1 -- European Union nations have approved a new data-privacy accord with the United States, and the deal is expected to be completed by early July, a spokesman said on Wednesday.

The American financial, insurance, tourism and airline industries have pushed for the new "safe harbor agreement" to ensure that they could use personal data collected on European consumers.

Under the new agreement, United States companies that meet European standards for protecting information would be granted the right to transfer and use the data.

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