BELGIUM: EU looks to up alcohol excise
In a long-expected move, the European Commission is proposing to raise the minimum rate of excise duty on alcoholic drinks sold in the 25 EU countries by 31% in order to take account of inflation in the period since 1992 when the rates were last agreed.
In practice the move will have only a tiny effect since most member states already apply well above the minimum rate. For the countries, there is a transition period running up to 2010.
Thus, for the countries affected - Germany, Luxembourg, Czech. Lithuania, Latvia and Malta - the proposal will mean a rise of only one hundredth of a euro on a half litre of beer by 2010, and as Brussels says the effect would be "minimal".
In this month's Just the Answer interview, managing director of Beam UK Adrian McKeon spoke with Olly Wehring about the future of the Maxxium partnership, Beam's relationship with the notoriously hard...
In spite of intense and mounting consumer interest in environmental issues and sustainable agriculture, organic wine is a comparatively undeveloped area of the market. But, writes Chris Losh, the curr...
The Portman Group is to undergo an image overhaul to reflect its role as a drinks industry regulator, the UK body said today (2 March)....
Constellation Brands has warned of "challenges" ahead in fiscal 2008 due to fierce price competition in the UK wine market, the wine glut in Australia and the decision to cut its wine inventories in t...
The price of a glass of wine or beer in Hong Kong looks set to fall after the local government today (28 February) announced a wave of tax cuts....
The Distilled Spirits Council of the United States (DISCUS) has pressed for further action over counterfeit spirits from Bulgaria, even though progress has been made against the problem....
Coors Brewing Co. has revamped its Zima malt beverage portfolio in the US....
Swedish brewer Spendrups is preparing to launch a stronger version of its low-carb beer next month....
- Is Diageo on the Brink of a Brain Drain?
- SABMiller edges Diageo as beer trumps spirits
- Will Keurig Kold come to Coca-Cola Co's Rescue?
- Focus - SABMiller's FY Sales Performance by Region
- Comment - Heineken's move for Pivovarna Lasko
- Rémy Cointreau eyes recovery after Q4 bounceback
- Carlsberg exec joins Diageo as Africa chief steps
- Diageo YTD sales come in flat
- Belvedere unveils executive team
- Stock Spirits recruits Drambuie head for MD role