
Portugal Joins Backlash Against EU Tobacco Tax Hike
The government warns the plan could cost Lisbon €1.5 billion in lost revenue and drive a surge in contraband.

The government warns the plan could cost Lisbon €1.5 billion in lost revenue and drive a surge in contraband.

The price hike of up to €2 per pack would hit poorer countries the most, with industry experts warning about the explosion of black-market sales.