ITALIAN TOBACCO INDUSTRY HOLDS ITS BREATH AHEAD OF ANTICIPATED SUBSIDY DECOUPLING
January 1st, 2008
BY ERIC LYMAN, in Rome
THE ITALIAN tobacco industry is currently in a holding pattern, mid-way between two milestones: the 2005 ban on indoor smoking that had a dramatic impact sales that the industry has yet to recover from, and a change in European Union (EU) subsidy rules scheduled for 2010 that could have a far greater effect on total production from Europe's largest tobacco producer.
It is the 2010 deadline that has Italian industry players talking. If there is no last-minute change in EU rules, next year's growing season will be the last under the current ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.