EU Parliamentarians cave in:

During a meeting between the leadership of the Christian Democratic European People's Party (EPP), the Social Democrats, and the Liberals with British Interior Minister Charles Clarke, the representatives of the two major political blocs significantly accommodated the wishes of the London negotiator on Tuesday. For example, they agreed to a planned obligation for telecommunications providers to store telephone data for up to two years.

An absolute catastrophe for data protection - the national governments will then retreat to "we have to do it, it's EU law" and data protection and the informational self-determination of citizens will continue to go down the drain. And the providers can stack terabytes of data waste, just because some overzealous data snoops have prevailed in their absurd data collection frenzy.