New study by kpmg reveals alarming levels of illicit cigarettes in the eu, with france accounting for almost half of the consumption

Lausanne, switzerland--(business wire)--philip morris international inc. (pmi) (nyse: pm) today warns about increasing rates of illicit cigarette consumption in the european union (eu), which are depriving governments of billions in tax revenues and eroding tobacco control policies. pmi calls for a reassessment of policy choices that may be contributing to the year-over-year growth of the illicit market in the region and for innovative approaches that can help drive millions away from continued.
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