08/10/2008 (Agence Europe) - European Taxation Commissioner László Kovács has presented a breakdown of the economic and budgetary consequences of reduced rates of value added tax (VAT), said French Finance Minister Christine Lagarde after the Ecofin Council on Tuesday 7 October. It was decided to continue consideration of the proposals, with decisions to be taken in November, she added. Basically, the countries most against reduced VAT rates, including Germany and Denmark, have not...