Brussels, 25/06/2012 (Agence Europe) - The EU Council of Ministers is now working under the leadership of the Cypriot Presidency but is examining a watered down version of the draft changes to the fuel and energy tax directive (2003/96/EC) which, along with the financial transaction tax (see EUROPE 10640), were the big tax issues discussed by EU finance ministers at their meeting in Luxembourg on Friday 22 June (see EUROPE 10638).
The ministers agree that the new directive should set...