Prices of tobacco products will "take off" following the new edition of the European Commission directive on the taxation of tobacco products. According to the project, the European Commission has proposed increases in the minimum tax (to +139%) can lead to a sharp increase in prices: in Greece, a pack of cigarettes could reach up to 7 euros at the current average price of around 4.60 euros. At the same time, the introduction of a tax on tobacco will lead to an increase of 2 to 3 euros per parcel, and on electronic cigarettes – about 1 euro. This summer, the European Commission proposed a revision of the EU Directives on the taxation of tobacco products with new increased minimum rates. The ... [Read more]