Tags : EU

‘Tobacco Directive will encourage smoking’

Provisions in the proposed EU Tobacco Products Directive (TPD), including standardized packaging and a ban on menthol and slim cigarettes, have the potential to push consumer downtrading and fuel illegal trade, according to a study conducted by Roland Berger Strategy Consultants, commissioned by Philip Morris International and reported by Business Wire. The report predicts 175,000...Read More

Despite EU weakness, German smokers stay strong

Alison Cooper, CEO of Imperial Tobacco, said cigarette and tobacco sales in Germany were “excellent,” despite the EU’s economic weakness, which hit the British multinational’s half-year profits. “We are growing cigarette share, we are growing fine-cut share, and not just at the value end of the market. We have seen growth at the top-end in brands...Read More

OLAF report: no evidence against Dalli

EU anti-fraud office OLAF had no hard evidence that former health commissioner John Dalli tried to solicit a bribe from a tobacco firm. The information comes from its confidential report into the Dalli case, part of which was leaked on Sunday, April 28, by the MaltaToday news agency. In his cover letter to the paper, dated...Read More

Plain packaging a £5 billion gorilla for UK taxpayer?

U.K. taxpayers could face a £5 billion ($7.67 billion) bill if ministers insist cigarettes are sold in plain packages. The money would be awarded by courts to tobacco companies in recognition of the fact that the government had destroyed their brand equity, according to the Centre for Economics and Business Research, as reported on the This is Money website....Read More

EU commissioner resigns following Swedish Match complaint

John Dalli has today announced his resignation as a member of the EU Commission, with immediate effect, according to an EU Commission press statement. Dalli informed the president of the European Commission, Jose Manuel Barroso, of his decision following an investigation by OLAF, the EU’s antifraud office, into a complaint made in May by Swedish...Read More