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This talks explains why there should be a European Cloud and how to build it. Sharing, the foundation of every Cloud leads to the question why not share IaaS and PaaS globally? Looking at latest security news in conjunction with having a look at Safe Harbour and Patriot Act leads to the question where to draw the line between security and freedom. Building a European cloud helps to allow European customers to draw their own line. OpenStack and Cloud Foundry are suitable open source technologies to build such a cloud.