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Remarks to the European Parliament on EFSD/ EFSD+
September 24, 2025
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WORKING PAPER
September 15, 2025
Noncommunicable diseases—driven by tobacco use, harmful alcohol consumption, and high-sugar diets—account for over 70 percent of global deaths and impose annual economic losses exceeding US $514 billion. Excise taxes on these health-harming products offer a dual benefit of reducing consumption and r...