"The reduction of the excise for spirits is vital for our sector, which from 2013, since the excise for etilic alchool grew up with 42%, is facing with significant loses caused by the unprecedented growth of the black market. By introducing this measure, by the new Fiscal Code, or by other legislative projects, represents a long-awaited correction of fiscal policies from 2013, whose effects were disastrous both for industry and for the state budget", said Florin Radulescu, the president of Romania Spirits Association.
For more information, please see the Romanian version of the article, here.
