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Bid to reduce raki duties

This 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%.

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