European businesses are likely to abandon the services of American internet providers because of the National Security Agency surveillance scandal, the European commission has warned.
"It is often American providers that will miss out, because they are often the leaders in cloud services. If European cloud customers cannot trust the United States government, then maybe they won't trust US cloud providers either. If I am right, there are multibillion-euro consequences for American companies. If I were an American cloud provider, I would be quite frustrated with my government right now."
http://www.guardian.co.uk/world/2013/jul/04/european-us-internet-providers-nsa
BTW, who bugged Ecuador's Embassy? Hope it's not Snoopy.