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Jump to full article: Dnevnik (bg), 2009-10-02
Intro: Cigarettes will be levied an excise duty of EUR 76 per 1,000 pieces in 2010, finance minister Simeon Djankov said in a phone conversation from Goteborg where he attended the meeting of EU's finance and economy ministers. The current rate is EUR 52 per 1,000 units and the excise hike will bring the prices of most popular brands to BGN 4.50-4.90 a pack. . . .
The excise hike plans drew serious opposition from British American Tobacco (BAT). The company, which produces Kent, Pall Mall and Viceroy, warned the measure would boost illegal trade by 40%, claiming cigarette prices in Bulgaria are the highest as measured against per capita income. (Dnevnik)
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