'EUR2 CIG HIKE GOOD'.Byline: By AINE AINE Antiinflamatorio No Esteroideo (Spanish: nonsteroidal antiinflammatory) HEGARTY ECONOMISTS yesterday welcomed the proposed EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2 price hike on a packet of cigarettes. The increase was mooted last month but could get now the go-ahead as the Government struggles to claw back claw back Verb 1. to get back (something) with difficulty 2. to recover (a part of a grant or allowance) in the form of a tax or financial penalty EUR4.5billion in next month's emergency budget. Economist Jim Power said: "There is now a major window of opportunity that should be exploited." The hike would bring the average price of pack of 20 to EUR10.10 and some people fear such a high price would push more people across the border to buy cigarettes as well as fuelling the black market trade. But Mr Power - who was backing the joint call from The Irish Cancer Society, ASH Ireland and the Irish Heart Foundation - said that should not stop the move and public health must come first. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion