Alcohol

International Internet Magazine. Baltic States news & analytics Wednesday, 17.07.2019, 00:07

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The effect of lower excise on alcohol will depend on shopkeepers

The effect of lower excise on alcohol will depend on shopkeepers

05.07.2019

Consumer prices were on average 2.4% higher in June than a year earlier. Inflation, which had been 3.1% in May, was brought down by energy prices rising more slowly. Prices will start to be affected in July by the cut in the rate of excise on alcohol.

Keyword tags: Alcohol, Analytics, Banks, Estonia, Taxation



Lithuania won't get into 'excise wars' with Estonia, Latvia, finance minister says

Lithuania won't get into 'excise wars' with Estonia, Latvia, finance minister says

26.06.2019

Lithuania has no intention of following in the footsteps of Estonia and Latvia by cutting excise taxes on alcoholic drinks, Finance Minister Vilius Sapoka said LETA/BNS.

Saeima to decide on cutting excise tax on alcohol already tomorrow

Saeima to decide on cutting excise tax on alcohol already tomorrow

19.06.2019

Saeima is about to decide already this Thursday on cutting the rate of excise tax on alcohol by 23%, informed LETA.


Cido Grupa becomes sole owner of Bauskas Alus brewery

Cido Grupa becomes sole owner of Bauskas Alus brewery

11.06.2019

Cidos Grupa beverages company has become the sole owner of Bauskas Alus brewery, representatives of the companies reported LETA.

 Amber Beverage Group set to become a 1 bn EUR company

Amber Beverage Group set to become a 1 bn EUR company

07.06.2019

Amber Beverage Group (ABG) reported a 15% global net revenue increase in fiscal year 2018. This was achieved by continuous expansion and development of ABG making it a truly global player in the production, distribution, retail sales and logistics of alcoholic beverages.


30.05.2019

Nordic-Baltic NGOs urge governments to cooperate on alcohol policy

Nordic Alcohol and Drug Policy Network sent today an open letter to the ministers and party leaders of Latvia, Estonia and Finland concerning alcohol taxes and cross-border trade in the region. The Nordic Alcohol and Drug Policy Network (NordAN) expresses grave concern over the developments that are taking place in Estonia and Latvia regarding alcohol taxation.

30.05.2019

Lithuania: Alcohol and tobacco consumption and consequences thereof, 2018

Statistics Lithuania informs that in 2018, based on provisional data, absolute (100%) alcohol consumption per resident aged 15 and older amounted to 11.2 litres (by 1.1 litres less than in 2017).

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