Trade: Beer excise duties rise 10 pct as of Feb. 1, prices possibly 2 pct higher

Excise duties on beer rise 10 percent as of February 1, according to the latest amendments to the Fiscal Code, and the impact assessment by the Ministry of Public Finance estimates a subsequent price rise by 2 percent.Excise duties on beer have not been raised in five years and this measure is expected to bring an additional 80 million lei to the budget.Representatives of the Romanian ...

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