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[BUSINESS] · Italy, Belgium · 7 sources

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EU tobacco directive revision poses economic and employment risks

Proposed revisions to the European Union’s Tobacco Products Directive (TPD) could have significant economic consequences for the EU and Italy. Two new studies highlight the potential risks of implementing highly restrictive regulations on tobacco and nicotine products.

A report by the European Policy Innovation Council (EPIC) suggests that a restrictive regulatory approach could result in an annual GDP loss of up to 79.6 billion euros for the EU. The analysis also forecasts a potential loss of over 182,000 jobs and a reduction in investments totaling 17.6 billion euros between 2026 and 2030. Experts warn that treating traditional combustible cigarettes and non-combustible alternatives as the same category could weaken the regulated market and increase illegal consumption.

Additionally, a study by Università Cattolica del Sacro Cuore examines the specific impact on Italy, where the tobacco and nicotine supply chain is considered a strategic sector.

Entities

European Policy Innovation Council · European Union · Italy · Università Cattolica del Sacro Cuore

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