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Old 24-10-2013, 14:04
farid farid is offline
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Default Re: OctaFX.Com - Financial News and Analysis







European Council to focus on US spying allegations at the summit




FXstreet.com (Barcelona) - The European Council begins a two-day meeting in Brussels today and most likely the main topic of discussion will be the latest revelations in the US spying scandal, which will push the economic and social issues expected to be dealt with into the background.

Over the week both French President Francois Hollande and German Chancellor Angela Merkel spoke to Barack Obama, asking about the spying allegations. On Monday the French leader demanded explanations on the reports of the US monitoring millions of phone calls in France. On Wednesday Merkel called the US President to ask about evidence of her phone being tapped by the American intelligence.

European Union leaders, who initially planned to focus on ways of boosting employment in the area and dealing with the immigration crisis, will now most probably shift their attention to the issue of EU-wide data privacy rules.




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