| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/01/1623 (21.11.01) |
| Publication Date | 21/11/2001 |
| Content Type | News |
|
On 21 November 2001the European Commission endorsed a proposal to fix premiums and quotas for tobacco. It provides for a prolongation of the tobacco premium for three years from 2002 to 2004, updates the thresholds resulting in a significant reduction for varieties less in demand. The proposal also foresees a significant increase in the levy on tobacco subsidies used to finance reconversion measures for tobacco growers as well as campaigns against tobacco consumption. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1623&format=HTML&rapid=0&language=EN&guiLanguage=en |
| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
