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Europe Daily Bulletin No. 9559

7 December 2007
Contents Publication in full By article 11 / 30
GENERAL NEWS / (eu) eu/ecofin
Finance ministers fail to give Commission clarity over reduced rate VAT

Brussels, 06/12/2007 (Agence Europe) - The debate at the ECOFIN Council on Tuesday 4 December did not enable member states to give clear guidelines to the European Commission over how to continue its work on simplifying the EU reduced rate VAT system (value added tax, see EUROPE 9554). Resulting necessarily in a compromise, the conclusions document adopted by the Council gives no indication to the Commission, recognised a Commission expert, adding that the EU finance ministers had left the...

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