Bid to reduce raki dutiesThis article was originally published in Foodnews
THE Bulgarian government is applying to register the country's national drink, grape brandy rakia (a high ABV raki) as a traditional product in the EU so it can lower excuse duties on the product. If the bid is successful - the process is expected to take months - the price of a bottle of rakia, now an average BGN8.00 (USD5.63), will drop by BGN2.00-3.00, agriculture minister Miroslav Naidenov has said. The government hopes the move will curb illegal production, creating more revenue for the cash-strapped country and better regulation of the product's alcohol content at 40%. The ABV of a home-brewed version can be as high as 50-60%.