Contraband tobacco trading in Greece is on the rise, as determined in a KPMG analysis that studied all European Union member states.
The survey was conducted by Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco. As reported by ANA-MPA, major study results found that Greece's illegal cigarette trading increased 4.4% totalling 17.8% in 2013, the majority were illicit whites brand, and lost tax revenues totaled 565 million euros.
In all of the EU, 58.6 billion illegal cigarettes were smoked. However in the EU, criminal tobacco trade decreased to 10.5% last year, compared to the highest rate ever of 11.1% in 2012. The four tobacco companies administering the survey have supplied considerable funds to control illegal cigarette trading within Europe.
- Washington Examiner: US considers leaving Incirlik and "sees" alternative in Greece
- AHI Participates on State Department Call on Eastern Med Developments
- Athens-Nicosia in step for the EU summit for Belarus and Turkish aggression
- 25 personalities support Greece and Cyprus against Turkish aggression in letter to the "Times"
- Turkish foreign minister accuses Greece of 'black propaganda', attacks Joe Biden