They also discussed the need for EU countries to better acknowledge the serious problem posed by VAT fraud and the need to combat it.
For instance, we pass the housekeeping staff in hotel hallways pushing heavy vats of laundry, do we take the time to acknowledge them as fellow humans or pass them by as if they are no more than the plants and fixtures in the hotel?
We acknowledge that the accumulation of abdominal adipose tissue, particularly visceral adipose tissue (VAT), is associated with insulin resistance 3 and atherogenic abnormalities 4 5 that may contribute to an increased risk of cardiovascular events.
Acknowledge, acknowledge!
We gratefully acknowledge I. Landsberg-Halperin for coining the term "CAFA," T. Theriault for the initial graphical design of Figure 1, G. Schuster for illuminating discussions on hPNPase and A. Facchinetti, R. Velasco, E. Cilia, D.A. Lee, P. Vats, R. Banerjee and A. Bayaskar for their participation in various individual projects.
"I think it is now time to acknowledge that that was an error". The justice secretary said it would be up to the prime minister and the chancellor to axe VAT, but said he backed such a move because it was "an unfair tax that hits the poorest people hardest".
The government spokesman voiced optimism yesterday about a deal by early June but acknowledged that agreement on VAT hikes, pension and labour reform and lower primary surplus targets had yet to be found in negotiations with EU and IMF lenders.
A Syriza spokesman this week acknowledged that scrapping the special VAT rate would have a repercussion on island residents.
In Britain's economy: Cameron & Clegg Face the Audience - chaired by the BBC's Political Editor Nick Robinson - the prime minister acknowledged that the Budget contained "difficult" decisions and said the alternative to a VAT rise were rises in income tax or national insurance or further cuts in spending.
Mr Cameron acknowledged "feelings were running high" on the issue in parts of the country but said existing rules on VAT on hot food were inconsistent and the "boundaries need to be redrawn".
