A Critical Test for European Security

Kurt Volker and Juan Zarate
CBS News, Opinion
July 7, 2010

This week brings a critical test for the transatlantic security partnership. The European Parliament will vote on a revised agreement with the United States on tracking terrorist finances using financial data unique to the Belgium-based Society for Worldwide Interbank Financial Telecommunication (SWIFT). The vote is about more than restoring data-sharing. It is about whether Europe will remain a strong partner in protecting the transatlantic community.