North-East Europe: Escalating Struggle Over Alcohol Taxation

The northeastern part of the European Union is struggling with a race to the bottom since the alcohol tax cuts announced by Estonia. Estonia will be reducing taxes by 25% from next week. In a bid to compete with the Estonians, Latvia will also be cutting taxes. Latvia will be slashing taxes for hard liquor by 15% from next week. These moves put pressure on Finland to follow suit, and these development in total threaten public health and safety…