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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...
 
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