Brussels, 11/03/2008 (Agence Europe) - The European Commission has initiated public consultation until 12 May 2008 on European legislation applying to reduced VAT (value added tax) rates . It calls on the interested parties to give their opinion of the impact that application of these reduced rates will have on prices in the various categories of goods and services, such as high labour intensive services provided locally. Special account will be taken of the opinion expressed by companies...