TOBACCO SUBSIDIES FEATURE

BY ALAN OSBORNTHE EUROPEAN Commission's (EC) proposals for the EU tobacco regime, published in detail last month (September), essentially recognise that subsidised tobacco growing in Europe on any significant scale is now coming to an end. If these plans are put in place it seems likely that in little more than three years' time the only tobacco grown in the EU will be to serve small niche markets.There are economic and administrative reasons for the approach being taken by Brussels but also political ones. Whatever one thinks of the Commission's longstanding ...


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