Economics

Legal tobacco trade has declined by 50% in Hungary over the last five years, according to unnamed sources. Unfortunately, the figures do not correspond to less tobacco consumption, but to the stronger position of tobacco black market. Currently only two factories produce cigarettes in Sátoraljaújhely and Pécs, as against four two years ago. The government budget looses out on at least Ft 15 billion per year in taxes due to cigarette smuggling. (Vg 1) M.K.

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