Prices for tobacco products will "take off" after the revision of the Directive. European Commission on the taxation of tobacco products. According to project the European Commission has proposed increases minimum tax (to +139%) can lead to a sharp increase in prices: in Greece it may be that a pack of cigarettes arrives up to 7 euros at the current average price of about 4.60 euros. At the same time, the introduction of a tax on tobacco will lead to an increase for 2-3 euros per package and so on, electronic cigarettes – for about 1 euro. In the summer, the European Commission proposed a review of EU directives on the taxation of tobacco products with new increased minimum rates. The update... [Read more]