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DOOR TO EUROPEAN FISCAL POLICY REMAINS FIRMLY CLOSED.

Publication: European Report
Publication Date: 01-FEB-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
By ultimately rejecting the Austrian compromise on reduced rates of VAT, the Polish government has clearly surprised its European partners. Particularly since Warsaw suddenly found itself alone against 24 member states following the Czech Republic's (last-minute) about-turn and the (predictable) decision by Cyprus to back the compromise.

Vain calculations!...

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