30 October 2012
Bad news from AP:
President Francois Hollande is pushing through legislation to increase taxes on beer by 160 percent to help fund struggling social programs as France tries to contain a budget deficit hit hard by the economic crisis.
The tax would affect local brews and the 30 percent of imported beer the French drink.
The change means the price of a beer will increase by about 20 percent in bars and supermarkets, said Jacqueline Lariven, spokeswoman for the French brewer's federation Brasseurs de France.