Brussels, 14/11/2005 (Agence Europe) - In a press release, EBC, a European confederation of construction SMEs and craftsmen slams the failure of the ECOFIN Council on 8 November to agree on the future of cut-rate VAT for housing renovation work (see Europe 9064), warning of drastic consequences on employment in the countries concerned, particularly in the building industry where prices will rise by up to 15%, leading to the loss of 250,000 jobs. The only real winner will be the black...