Brussels, 07/07/2003 (Agence Europe) - The European Commission could, at best, give its stance next week on the regulation relating to reduced VAT rates. The decision expected this week was postponed failing an agreement, it seems, between the French, British and German Commissioners' cabinets.
The services of Commissioner Frits Bolkestein propose a regulation that will integrate into a single text the special system allowing for VAT reductions for high labour intensive services and annex H...