Estonia

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Estonian government halves size of next planned alcohol excise duty hike

The Estonian government on Thursday evening decided to halve the next planned alcohol excise duty hike on beers, ciders and strong liquor, which is to take place in February.

The Cabinet on Thursday discussed Minister of Finance Toomas Tõniste’s (IRL) proposal to call off the next planned alcohol excise duty hike.

Minister of Health and Labour Jevgeni Ossinovski (SDE) confirmed that according to the Ministry of Finance, there is no reason to change the forecast for alcohol excise duty receipts, as excise revenues in recent months have followed expectations, but possible new risks have been identified which are connected primarily to Finns’ purchases.

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