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Bulgaria's Cigarette Hike Approved

Date: 27.12.2005

Bulgaria announced Thursday the new cigarette prices that will be introduced in January.

Prices will jump up by about BGN 1 or EUR 0,5. Thus the most popular Victory packs will cost BGN 2.60 instead of the current 1.60.

Victory Slims and the 84mm Prestige will be the priciest Bulgarian brands - BGN 2.70. An equal price of BGN 2.30 will be introduced for Sredets, Melnik and Femina Slims packs.

Among imported cigarettes Parliament and Davidoff Classic will have the highest price of BGN 5. Lucky Strike will cost BNG 3.90, Kent and Karelia Slims - BGN 4.50.

The increase is caused by the boost of excise duties, a move approved by the Parliament.

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