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IME REPORT: AFFORDABILITY OF CIGARETTES IN BULGARIA IS IMPROVING, BUT STILL 1.6-1.7 TIMES LOWER THAT THE EU AVERAGE

Author: / 2018-12-14

The Institute for Market Economic (IME) published a detailed analysis of price elasticity of tobacco product in Bulgaria and examination of affordability issues in respect to EU harmonization policy on excise duties. The report is part of IME initiative “By the book”*, which aims to study possible improvements in current policy and the ways to overcome institutional weaknesses which allow for illicit trade of tobacco products. The report covers the full period 2007-2018 and provides commentary on the recent public consultation on EU excise policy towards tobacco products.

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