Thu, 17 Nov 2011: Broad-based growth pushes Estonia’s GDP…

According to the preliminary data, the construction sector as well as ICT had a considerable contribution to the GDP growth. At the same time, the increase in the collection of VAT and excise taxe...

Thu, 1 Oct 2009: Tax burden excessive …

"The additional value added tax, income tax on dividends, taxes on special bonuses and excise taxes are turning Estonia into a state where business activities, rather than favored, are being punis...

Wed, 9 Apr 2008: Kirkilas shies away from tough anti-inflation measures…

Kirkilas stressed that the government's priority was growth. "Today we see a soft slowdown in economic growth. It is very important not to go too far with anti-inflation measures and not to slow...

Wed, 26 Mar 2008: Lithuania burning cigarettes…

The State Revenue Service has said that there are approximately 2 million packs of cigarettes in storage in Lithuania. Before they can hit the store shelves, wholesalers will have to pay the diff...

Wed, 27 Feb 2008: Godmanis doubts inflation…

In January prices for alcohol and tobacco jumped an astonishing 16.5 percent due to higher excise taxes. Alcohol and tobacco make up 7.1 percent of the basket of goods used to calculate inflatio...

Wed, 19 Dec 2007: Lithuania’s Cabinet passes anti-inflation plan…

The plan mirrors a similar program adopted by the Latvian government earlier this year that has so far failed to prevent inflation from further increasing. Annual inflation in Lithuania reached...

Wed, 30 May 2007: Analyst: Latvian ’show-offs’ fuel inflationary trend…

By comparison, annual inflation in the 13-member eurozone in March was 2.96 percent. "We cannot just blame the steep pay raises and economic growth for that. Salaries in Latvia are only slightly a...

Wed, 7 Mar 2007: Lithuanian economy hums along, skirts hard-landing scenario…

While considerably slower than in Estonia and Latvia 's where growth last year was 11.5 and approximately 11.9 percent respectively 's Lithuania's rate of expansion is sustainable and not encumbe...

Wed, 24 Aug 2005: Minister wants to reduce excise tax on diesel…

The Economy Ministry believes Latvia should use the chance to apply the reduced excise tax rate for certain uses as it would promote competitiveness of local businesses. It stressed that Latvian b...

Wed, 16 Feb 2005: Ministers stand firm on cohesion funds…

He added that nearly all new EU member states with comparatively low GDP had similar problems, so the Baltics were likely to have allies when the issue is decided. The Cohesion Fund is meant for t...

Thu, 14 Oct 1999: Alcohol excise cuts take the head off beer…

It even won the Parliament's approval without any complications.But excise taxes on beer emerged from the government's ax unscathed, and beer producers are worried. Audrius Vidzys, vice-president ...

Thu, 7 Oct 1999: New ‘green’ fuel introduced in Estonia…

But, she said, laboratory tests are being undertaken in Scandinavia (where Statoil is based) and a similar product should reach the Estonian market in a couple of years once the glitches are worke...

Thu, 10 Dec 1998: Petrol prices rise in Estonia…

"By the end of the planned increase in excise tax, its level will be comparable to those of Western countries," said Ain Ulmre from the Ministry of Finance. Most gas stations said drivers filled t...
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