By request of the Czech Finance Minister, Ivan Pilny, a meeting was held on the sidelines of the 'Economy/Finance' Council of Tuesday 11 July between him and his French counterpart, Bruno Le Maire, to try to move their positions closer together on two VAT dossiers: reduced rates on electronic books and the derogation requested by Prague to apply a generalised and temporary reverse-charge VAT mechanism.
The French Minister did not, according to our sources, change his stance. He reiterated...