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eurocent

   Also found in: Financial, Encyclopedia, Wikipedia 0.02 sec.
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eurocent
nEurocent m


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Excise duty on alcohol has been stable since 1992, and the European Commission is arguing that a 31% rise, based on the rate of inflation since then, will put only a limited strain on the alcohol industry, adding only 1 eurocent onto half a liter of beer.
After conversion the preference shares remain outstanding with a notional value of 5 Eurocent.
In Germany, after the March 1st price hike of Eurocent 40 per pack of 19 cigarettes, the total cigarette market decreased by - 15%.
 
 
 
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