Prices for tobacco products will "go up in the air" following the new edition of the European Commission on the taxation of tobacco products Accordingly, the project European Commission proposed an increase in minimum tax (with +139%) which could lead to a sharp increase in price: Greece a pack of cigarettes can come up to 7 euros at the current average price, about 4,60 euros. At the same time, the introduction of a tax on tobacco will lead to an increase 2-3 euros per pack, and electronic cigarettes – approximately for 1 euro. In the summer, the European Commission proposed a review of Directives with new increased minimum rates on the taxation of EU tobacco products. The updated directive... [Read more]