I wanted to post a link to a recent article showing some favorible remarks from some members of European Parliament related to FATCA. It appears MEP Catherine Trautmann is of France is quite fond of FATCA and recently called for the EU and US to join together to make FATCA a new global standard. Trautmann appears to have no regard for the issues raised here.
Additional comments from EU Commissioner Algirdas Šemeta linked to below
While not related to the topic at hand here at Isaac Brock Society I note with great interest Commissioner Semata continued interest in a global financial transactions tax, a tax that the current Canadian Prime Minister Stephen Harper and Finance Minister Jim Flaherty have indicated will be implemented over their dead bodies in Canada. I linked to another blog comments on this very issue way back in 2010(Note the comments from a certain familiar commenter)