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Summary Bulgaria's government is seeking to boost countrys spirits in the recession-hit country by cutting the price of its favorite brandy.
The potent fruit liquor, Grape Rakia, is considered the national drink in Bulgaria. The cabinet said that it will apply to register Rakia as a traditional product in the European Union which will allow it to cut excise duties.Agriculture Minister Miroslav Naidenov said that if the bid is successful, the price of a bottle of Rakia which is currently at an average 8 Levs will drop by 2-3 Levs. He also said that the procedure will take months, perhaps a year, but when it happens, excise duties on Rakia will be cut in half.In 2009, villagers in the EUs poorest country named their home-made brandy Borisovka, playing on the name of Prime Minister Boiko Borisov to thank him for stopping parliament from raising taxes on alcohol.
