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Black market for cigarettes at 25-28% in Latvia in H1
Nina Kolyako, BC, Riga, 24.10.2011.
Print version
Print versionThe State Revenue Service of Latvia reports that illegal cigarettes make up 24.6% to 28.5% of the total retail market in Latvia, according to 2011 year's first half figures.
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SRS agents usually remove 16% contraband cigarettes from the market, and point out that a good average in Europe overall is 5-8%, writes LETA.
In 2010, SRS nabbed about 94 million such cigarettes, and the first half total this year already is 54 million, which has averted a EUR 8.1 million loss for the state.
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