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Image header Agence Europe
Europe Daily Bulletin No. 13832
Contents Publication in full By article 19 / 29
ECONOMY - FINANCE - BUSINESS / Taxation

Tobacco taxation - Presidency of EU Council proposes lowering excise duty to 60% of retail selling price

The Cyprus Presidency of the Council of the EU has proposed lowering the requirement for an overall excise duty from 63% to 60% of the weighted average retail selling price of cigarettes offered for consumption, according to the latest draft compromise, dated Tuesday 17 March (see EUROPE B13813A16).

This draft compromise on the revision of the tobacco taxation directives, which Agence Europe was able to obtain, will be discussed at the meeting of the EU Council Working Party on Tax...

Contents

EUROPEAN COUNCIL
ENERGY/CLIMATE: European leaders task European Commission with preparing measures to protect EU from a new energy price crisis
UKRAINE: European leaders condemn Viktor Orbán’s blocking of €90 billion loan
MIDDLE EAST: European leaders call for a moratorium on strikes against energy infrastructure
MIGRATION: fearing an influx of migrants from Middle East, Denmark and Italy send letter to European leaders
COMPETITIVENESS: EU27 want to accelerate competitiveness reforms and have set deadlines
FINANCE: European leaders set a course for legislative work on integrating capital markets
SECTORAL POLICIES
HOME AFFAIRS: Magnus Brunner unveils four strategic priorities for Europol’s next mandate to European Parliament’s Committee on Civil Liberties
ENERGY: European Commission clarifies prior authorisation requirements for non-Russian gas imports under REPowerEU
RESEARCH: European Union to invest €330 million in Euratom Research and Training Programme for 2026 and 2027
AGRICULTURE : Christophe Hansen rules out any suspension of Carbon Border Adjustment Mechanism (CBAM) for fertilisers
AGRICULTURE/TRADE: European ethanol producers call for stronger trade protection
ANIMAL HEALTH: Olivér Várhelyi open to idea of “evolving” EU’s current biosafety strategy
COMPETITIVENESS: EU Innovation Fund does not contribute sufficiently to objectives of developing clean technologies
TRANSPORT: MEPs Michał Szczerba and Roberts Zīle believe funding gap for military mobility must be addressed
TRANSPORT: several airline heads call for European strategy for competitive and connected aviation
ENVIRONMENT: Italy wants to set example in EU when it comes to packaging recycling
ECONOMY - FINANCE - BUSINESS
ECB: Frankfurt institute keeps its key rates unchanged despite soaring energy prices
ACCOUNTING STANDARDS: MEPs hold hearing with international standard-setters on sustainability
TAXATION: tobacco taxation - Presidency of EU Council proposes lowering excise duty to 60% of retail selling price
EXTERNAL ACTION
UNITED STATES: European Parliament will vote on EU-US trade deal on 26 March
ARMENIA: Marta Kos and Mher Grigoryan call for strengthening of connectivity
WAR IN MIDDLE EAST
LEBANON: EU calls on Israel to cease its operations in Lebanon
SECURITY - DEFENCE - SPACE
SPACE: Cyprus officially becomes Associate Member of European Space Agency
DEFENCE: European Defence Fund is a success and should therefore be continued in next Multiannual Financial Framework, says Sylvia Kainz-Huber
COURT OF JUSTICE OF THE EU
JUSTICE/DIGITAL: EU Court of Justice clarifies concept of ‘abusive’ request for access to one’s own personal data
COMPETITION: EU Court of Justice definitively confirms validity of asset swap between German energy companies RWE and E.ON
NEWS BRIEFS
ECONOMY: euro area inflation confirmed at 1.9% in February 2026
ENVIRONMENT: Union for the Mediterranean adopts three key water strategies for 2040
IRAN: EU strongly condemns execution of a Swedish citizen