Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-20-Speech-2-170"
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"en.20091020.31.2-170"2
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"In view of the importance to agriculture and, consequently, the economy and employment in the Portuguese Autonomous Regions of Madeira and the Azores, of the production of rum and eaux-de-vie respectively, as well as liqueurs in both regions, it is essential that the reduced rates of excise duty on these goods should continue to apply, as this will not lead to a situation of unfair competition within the internal market.
The increase in retail price brought about by elimination of these rates of excise duty would make these products even less competitive compared with similar products imported from the rest of the EU and would therefore threaten the subsistence of the traditional products. It would have a disastrous effect on local industry and the regional economy at a socio-economic level, due to the impact that it would have on the family-run farms in those regions."@en1
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