The European Commission on Friday announced that it has adopted a proposal to increase the minimum rates of excise duty on alcohol and alcoholic beverages agreed in 1992, from 1 January 2008.
Considering the need to avoid the EU system of minimum rates becoming meaningless, the Commission proposes to increase the minimum rates taking into account the inflation since 1992 and, therefore, restore their real value.
The majority of Member States will be unaffected by this proposal as their national rates already exceed the proposed new minimum rates. However, for those Member States that will have difficulties in increasing their national rates immediately, transition periods, up to 2010, are proposed.
Although the inflation rate is 31%, the economic and social impact of the proposal is likely to be minimal. For example, for beer, the biggest required increase in national excise duty would be in the order of one eurocent on half a litre of beer, at the latest by 1 January 2010.
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