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Alcohol producers battle illegal market and shadow economy

  • 2010-12-23
  • By Alina Lisina
RIGA - The alcohol producers’ market has decreased following the general retail market trend. In 2009, sales volumes dropped by 29 percent, and for this year another 10 percent decrease is predicted. But the main reasons for such bad trends for alcohol producers is the high excise tax for alcohol and the boom in the illegal alcohol market, which is very weakly controlled by the government.  According to the data of the Latvian Alcohol Producers and Distributors Association (AРTA), the excise revenues continue to drop this year – compared to a very bad year in 2...
 
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