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Europe Daily Bulletin No. 8926

13 April 2005
Contents Publication in full By article 11 / 32
GENERAL NEWS / (eu) eu/ecofin council
Council requests proposal on minimum excise duties

Luxembourg, 12/04/2005 (Agence Europe) - The Ecofin Council is calling on the Commission to produce a legislative proposal to adjust minimum rates of excise duty on alcoholic drinks as a way of dealing with inflation. In a common declaration, Cyprus, Latvia and Lithuania said that transition periods had to be included to achieve this goal. According to the Council's conclusions, most of the Member States consider that a convergence of rates would reduce competition distortion and fraud,...

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