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Putin says Russian beer taxes could be raised again

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July 31, 2012, 5:52 p.m. | Russia and former Soviet Union — by Reuters

Russian President Vladimir Putin
© AP

Reuters

SELIGER, Russia - Russian President Vladimir Putin raised the prospect of a further increase in beer taxes on Tuesday as part of the government's long-running campaign to curb drinking.

"Beer alcoholism is a serious problem ... We could raise beer taxes further," Putin said at a forum of pro-Kremlin youth groups.

At the beginning of 2012 Russian taxes on beer rose by 20 percent and according to a Finance Ministry plan, approved late in 2011, they will rise by a further 25 percent in 2013 and 20 percent in 2014.

Shares in Danish brewer Carlsberg, which earns nearly half its profits from the Russian market, slid 5.15 percent by 1416 GMT.

The Russian parliament earlier passed a bill banning internet advertising of alcoholic drinks, while a ban on alcohol advertising in print media will come into force on Jan. 1.

The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
IvanovPetrovSidorov July 31, 2012, 6:28 p.m.    

Increasing beer taxes is not the only answer to the problem. It has not proved to be effective in Sweden or England. People still get pissed on beer. Education, improving awareness of the effects of excessive drinking and promotion of healthy life styles should be part of the equation.

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