Taxing Trouble: Why Europe’s Tobacco Strategy Must Balance Health Goals with Economic Realities
A leaked internal report from the European Commission has raised urgent questions about the EU’s proposed overhaul of the Tobacco Excise Directive (TED). While the stated goals—reducing smoking and boosting revenue—may be well-intentioned, the Commission’s own analysis warns that sweeping tax hikes could have serious unintended consequences. From soaring excise increases to mounting black market…






