Alcohol, Latvia, Legislation, Markets and Companies, Taxation
International Internet Magazine. Baltic States news & analytics
Tuesday, 22.07.2025, 20:19
Latvian liquor producers and retailers halt operations in half-hour protest
Nina Kolyako, BC, Riga, 24.02.2011.
Print version
Print versionOn Thursday, February 24, liquor producers and retailers in Latvia will halt work for half-an-hour in protest against the government's decision to increase excise tax on liquor, as Alcohol Producers and Retailers' Association informed the business portal Nozare.lv.
 |
|---|
The association informs that the protest will continue from 9 a.m. to 9:30 a.m., and that more than 1,500 producers and retailers will participate in the protest, writes LETA.
"The protest is the industry's reaction to yet another economically unjustified decision by the government to raise the excise tax on liquor in order to consolidate the budget," said the union's board chairman Edmunds Demiters.
"The government is ignoring the reality, because excise revenue from liquor has been falling for several years now, whereas the government is promising the international lenders unimaginable budget revenue from the excise tax, which they will never collect," said Demiters, adding: "The government is looking for money where there is none".
«The Baltic Course» Is Sold and Stays in Business!
