financial data sharing deal this is in response to allegations made by former u.s. intelligence contractor edward snowden the n.s.a. spied on bank to bank messaging via the society for worldwide bank financial telecommunication otherwise known as swift which you've probably heard of so we've got our t. ball in based correspondent peter all of our right here now to talk us through the situation how much of an impact is this having on the economic relationship between the u.s. and europe that peter well the general reaction here in europe over all of the n.s.a. spying stuff is that these are spies spying is what they do but what it's come to business well there's a lot of trust that's involved in the deals that go on across the atlantic and it has really damaged the trust we were talking to people for the shows at all to about the. a base level of trust that now has been perhaps irreversibly damaged by the spying that's gone on we've seen that the european union now certainly doesn't essentially trust its u.s. partners its voted to suspend. relationships that would have exchanged a set of. data which was supposed to be there to. to help combat terrorism which it turns out may have been used to to try and look