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Europe Daily Bulletin No. 9775

5 November 2008
Contents Publication in full By article 13 / 37
GENERAL NEWS / (eu) eu/ecofin council
Reform of reduced VAT rates deadlocked

Brussels, 04/11/2008 (Agence Europe) - Discussion on reform of European rules on reduced rates of value added tax (VAT) did not move forward during the Ecofin Council on Tuesday 4 November. Germany is still blocking an agreement on a proposal for compromise (see EUROPE 9698) and is supported by Austria, Denmark, Estonia and, to a lesser extent, by Latvia and Lithuania. The French EU Presidency nonetheless hopes unanimous agreement will be reached in December. “We have agreed to pursue work...

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