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Europe Daily Bulletin No. 9083

7 December 2005
Contents Publication in full By article 21 / 42
GENERAL NEWS / (eu) eu/ecofin/vat
No agreement on cut-rate VAT - Decision postponed until December European Council (or later under Austrian Presidency)

Brussels, 06/12/2005 (Agence Europe) - At the 6 December ECOFIN Council, the EU25 finance ministers failed to strike agreement on cut-rate VAT because of disagreement from Germany (unanimous decision making on the British Presidency proposal was requir3d). The issue will now be on the agenda for the December 15/16 European Council. If agreement is not reached there, the finance ministers agreed to carry on as at present after the 1 January 2006 until the issue is discussed at the first...

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