Brussels, 08/11/2006 (Agence Europe) - On Tuesday 7 November, the ECOFIN Council adopted without debate a decision authorising seventeen Member States to apply cut-rate VAT. Applicable from January 2006 until 31 December 2010, the decision implements Directive 2006/18/EC amending Directive 77/338/EEC on the common VAT system and ends a tax conundrum that arose earlier this year and almost led the EU to a legal vacuum because of the unanimous decision-making requirement for VAT matters (see...