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Image header Agence Europe
Europe Daily Bulletin No. 9301
GENERAL NEWS / (eu) eu/ecofin

No agreement on adjusting excise duties on alcoholic drinks based on rate of inflation

Brussels, 07/11/2006 (Agence Europe) - On Tuesday 7 November Eero Heinäluoma, the Finnish minister for finance declared, “we have not succeeded in obtaining an agreement”. This legislative proposal aims to target excise duty on alcohol and intermediary products (sherry, port, sweet wine) and alcoholic drinks, in an effort to take into account the rate of inflation calculated at 31% since adoption in 1992 of the 92/84/EEC directive. Satisfied that “a majority of Member States had...

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