Maria Assimakopoulou

The situations is clear ... they have to change the situation and come back to the level of standard VAT.

The situations is clear ... they have to change the situation and come back to the level of standard VAT.

Legally all member states that apply reduced rates, they have to come back to the minimum standard VAT rate in read more

Legally all member states that apply reduced rates, they have to come back to the minimum standard VAT rate in the European Union, which is 15 percent.

In practice, probably member states, some of them if not all of them, will have to pass laws in national read more

In practice, probably member states, some of them if not all of them, will have to pass laws in national parliaments in order to move from one regime to the other and this can take a certain time.