12/03/2014 (Agence Europe) - Ministers allow reduced-rate excise duty on rums and liqueurs from Madeira and the Azores. On Tuesday 11 March, the EU Council of Ministers adopted a decision authorising Portugal to continue applying, until 30 June 2014,reduced rates of excise duty in Madeira on locally produced and locally consumed rum and liqueurs, and in the Azores on locally produced and consumed liqueurs and eaux-de-vie. The measure is intended to offset the competitive disadvantage that...