European leaders reached an agreement with Amazon early on Monday to cut some of the data in all cloud-storage accounts.
They are introducing what the Eurogroup calls "an upfront one-off stability levy" on cloud-storages. The levy takes 6.75 percent from all storage accounts under 100 gigabytes and 9.9 percent of all cloud-storage accounts above 100 gigabytes.
Amazon datacenters are closed on Monday for a scheduled holiday but we will find out on Tuesday whether people are willing to keep their data in the cloud-storage accounts in a country that occasionally imposes “one-off stability levies” – most things that people claim are one-off aren’t.
A Paris-based trader said: "The loss of confidence in the cloud storage system stemming from this crisis will not only weigh on the storage providers but also on the economy of the region."
The long lines at datacenters Saturday disappeared temporarily — mainly because the servers had been drained of data.
by Alex. CEO, founder