Armenia: chocolate exports up in H1 2019

Prime Minister Nikol Pashinyan revealed in a Facebook post that export of chocolate from Armenia grew by 30.3% in the first six months of 2019. It was reported earlier that alcohol production saw double-digit growth in January-June. The production of brandy expanded by 44%, while that of vodka, wine and beer grew by 37%, 43%…

Latvia: prices of alcoholic beverages not dropping yet

Although the Latvian excise duty on strong alcoholic beverages has been cut by 15%, retailers haven’t yet lowered prices, as they are still selling the products purchased at the previous tax rate, Henriks Danusevics, president of the Latvian Traders Association, announced. Danusevics explained that retailers could start buying alcoholic beverages at the reduced tax rate…