HUNGARY REMAINS STRONG MARKET FOR TOBACCO WITHIN EUROPE, AS GOVERNMENT TARGETS SMUGGLERS WITH ENFORCEMENT ACTIONS
May 2nd, 2020
HUNGARY continues to be an attractive market for tobacco majors, with its populist government seemingly determined to fight the European Union (EU) for the right to keep excise duties below EU mandated minimums, and the fact that, according to the OECD Country Health Profile 2019 official data (https://read.oecd-ilibrary.org/social-issues-migration-health/hungary-country-health-profile-2019_4b7ba48c-en#page1), Hungarians are still among Europe’s heaviest smokers, despite falls in consumption over the past decade. According to Tibor Demjén, head of the ...
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