STOCKHOLM (Reuters) – Microsoft said on Thursday its European Union cloud customers would be able to process and store all personal data in the region as part of a phased roll-out plan. Technology companies have been rolling out data storage and processing capabilities in the EU following privacy and security legislation. Amazon Web Services (AWS) said in October it would allow data storage on servers located in the EU. Microsoft had earlier allowed processing of some data in the region. With the current move, it would now also include data found in system-generated logs, produced automaticall…