In Romania taxes represent some 45 percent of the shelf price of a bottle of bear, a level already too high, which means that any additional tax hikes will generate higher prices and subsequently, a drop in consumption and lower tax revenues, said representatives of the Brewers of Romania Association.

The excise tax for beer is said to go up by 10 percent as part of a set of fiscal changes the government will make this year.

Source: business-review.ro