The European Finance Ministers discussed the proposal for directives on excise duties and the general arrangements applicable to tobacco and tobacco products on Friday 10 October in Luxembourg. While there is broad agreement on extending the scope of application, there is disagreement on introducing a harmonised minimum rate of excise duty.
Announced in July (see EUROPE B13683A15), this proposal would not only generate new tax revenues (see EUROPE B13682A1), but would also support public...