Brussels, 08/11/2005 (Agence Europe) - The ECOFIN Council examined a compromise on cut-rate VAT on 7 November unveiled by the British Presidency at the end of September (see Europe 90454), but failed to reach agreement on establishing a permanent cut-rate VAT system for local services which would not affect competition in the single market. Ministers will therefore be putting off any VAT decisions until the 6 December ECOFIN Council. Following resistance from a number of countries, the...