A food group, Fazer, has expressed its concerns regarding the government’s decision to increase the VAT rate on sweets to the highest level while keeping other food items at a lower rate. The company believes that this move will negatively impact competition in the delicacy products market and goes against the EU’s neutrality principle. CEO Christoph Vitzthum stated in a press release that Fazer is uncertain about how this decision will affect the business and potential investments, such as the construction of a new chocolate factory in Lahti.
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