EU Risks Hurting Growth in Data Safeguard Effort, Study Finds
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The European Union will damage its own economy if it takes too tough a line on data protection, a study by the Lisbon Council and the Progressive Policy Institute found.
Chancellor Angela Merkel risks choking off Germany’s economy in her push for network independence in response to allegations of U.S. spying, according to the report, released in Brussels today. Europe already makes less use of data than the U.S. and other faster-growing competitors, the study found.