The article claims that the main concession was a time limit on data retention and limits on who can see it (i.e. not the FBI or other domestic crime-fighting units). The EU seemed to want the data to only be used to fight terrorism-related crimes and not in any other matters.
If I were the EU, I would have pressed on the "open skies" issue, allowing for more open scheduling of flights between the U.S. and Europe. And I would have wanted an ease on the restrictions against foreign carriers operating U.S. domestic flights.
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