Sony Europe have stated that they have nothing to announce regarding a European PS Vita price cut, more details inside...........
Sony Computer Entertainment Europe have revealed to gaming site Videogamer.com that we should not expect a European price cut any time soon:
"is for the SCE Japan region only" and it has "nothing to announce at this time regarding pricing within [Europe]".A price cut was recently announced for Japan in which the price of the PS Vita will drop from 24,980 yen to 19,980 yen that's a drop in around £35/$55.
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Source:
http://www.videogamer.com/news/scee_nothing_to_announce_regards_playstation_vita_uk_price_cut.html