Alcohol tax to rise 13 per cent?

The Swedish government may increase tax on alcohol by 13 per cent, financial paper Dagens Industri reports, citing TV4.

The proposed tax hike - part of ongoing discussions on the government's autumn budget proposal - would represent a price increase of about three kronor on a bottle of wine.

If introduced, the levy would raise around 1.1 billion Swedish kronor.

The measure has been included in the coalition government's election manifesto since 2010. In 2011, Finance Minister Anders Borg said: "This measure is in line with our idea that one should work, and not smoke and drink."