Macroeconomic Monitor
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electric cigarettes

Raising the excise tax on IQOS – in protection of public health or lobbying interests?

This Friday (29.06) representatives of the GERB parliamentary group, led by Menda Stoyanova (who is also the chairwoman of the Budget and Finance Committee) submitted a bill to unify the excise tax on sticks for the newly emerged IQOS product for "smokeless smoking" and conventional cigarettes. The measure is surprising because it goes against …

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