Brussels, 16/12/2005 (Agence Europe) - On Friday evening, the European Council had still not begun discussion (requested by France) on reduced VAT rates, as the British Presidency had decided on Thursday evening to postpone the debate till the end of the summit. Adoption of the new British compromise on a reduced rate system presented to Coreper on 14 December depended on the result of negotiations on financial perspectives (see other article). The new British proposal provides for renewed...