With the black market booming, alcohol producers focus on exports

  • 2010-12-23
  • By Linas Jegelevicius
KLAIPEDA - If you are in a liquor store in Lithuania and wondering how much the state pockets from your chosen 19-litas (5.40 euros) liquor bottle, here is the precise answer - a hefty 70 percent - which equals 13 litas. The math is widely seen as such a rip-off that many booze consumers prefer buying a contraband bottle of vodka from a local smuggler, which is often an agile granny, paying her one third from the price at a local Maxima, thus, allowing the black market in alcohol to flourish. This simple one-example math turns into staggering losses for the stae, making alcohol producers...
 
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.


In case you don't have a subscription yet - please visit our SUBSCRIPTION section