If the vision of Ms. Reding, Vice-President of the European Commission, as expressed in the January 25, 2012 data protection package is implemented in a form substantially similar to that which was presented in the package, by 2015, the European Union will be operating under a single data protection law that applies directly to all entities and individuals in the Member States and will have removed much of the administrative burden that are currently costing billions of Euros to companies. The saving would allow companies to reinvest in more meaningful, efficient, data protection practices that are better adapted to the uses of personal data, the new technologies and the 21st century way of life.
Note: This article is superseded by the more recent
In late October 2011, the European Council of Ministers formally adopted the new 