Tuesday, January 24, 2006

Another Landmark in the EU's End?

Anti-German feeling is on the rise across France as the deadline for extending the reduced rate VAT for home improvements looms at the end of this month. Tens of thousands of over-regulated and heavily taxed small French businesses look set to go to the wall if the the German led opposition to the reduced 5.5 per cent rate rises to the full and normal 19.6 per cent.

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