Budget gap targets alcohol

  • 2012-05-02
  • From wire reports
TALLINN - The government announced plans last week to increase alcohol excise duties by five percent a year during the next four years; the draft plan was condemned by the CEO of Estonia-based brewery Saku, Margus Kastein, reports ERR.According to Kastein, the intention to raise the excise duty is damaging to the industry and a misguided effort to fill holes in the state budget. He complained that the budget strategy for 2013-2016, which includes the increase, was made without any consultation with alcohol producers.“The proposed increase in excise duty will put the Estonia...
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