The Council adopted conclusions on the challenges of globalisation and on national reform programmes prepared by the member states under the Lisbon economic reform strategy. It agreed on a general approach, as part of EU's strategy against terrorist financing, on the provision of information on the payer accompanying transfers of funds. The Council also agreed to submit work on reduced VAT rates to the European Council on 15 and 16 December, with a view to reaching an agreement.
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© Council of the European Union
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