Brussels, 22/05/2008 (Agence Europe) - May's ECOFIN Council confirmed EU financial ministers' inability to agree unanimously on launching ambitious programmes to tackle VAT fraud, like the reverse charge mechanism (see EUROPE 9660) and the European Commission will therefore focus its efforts on preparing so-called conventional measures - conventional in the sense that they will not require a substantial overhaul of the EU VAT system. EU Taxation Commissioner Kovács said that he would be...