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"They aren't 60-year-old hardcore smokers looking for an alternative to cigarettes," he says
A loss in value of the local currency against the euro Although excise duties on tobacco products have been increased several times in recent years in Hungary and there was a period when Hungarian taxation met EU expectations, the forint has lost 15 % of its value against the euro in recent years, so that the price of tobacco products no longer meets EU regulations
Reynolds and Lorillard had sued, saying the warnings would be cost-prohibitive, and would dominate and damage the packaging and promotion of their particular brands
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