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Baltic finance ministers imposed veto on EC suggestion to raise tobacco and fuel excises 

Jump to full article: The Baltic Course (uk), 2008-09-07
Author: Danuta Pavilenene, BC, Vilnius, 07.09.2008.

Intro:

Estonian, Latvian and Lithuanian finance ministers on Friday agreed to impose a veto on the suggestion of the European Commission to set higher excises on tobacco and fuel as of 2015 and to think about the euro adoption in 2011-2012.

At the meeting held in Trakai on Friday, Lithuanian Finance Minister Rimantas Sadzius, Latvian Finance Minister Atis Slakters and Estonian Finance Minister Ivari Padar underlined that each country would have to decide itself on the excises amount, informs ELTA.

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