Following the increase in taxes on cigarettes announced by Elena Salgado over the weekend, today the price of a packet of 20 Fortuna or Marlboro have increased in price by 35 cents. A greater increase has been noted in rolling tobacco, where some brands are set to be 52% more expensive. Ducados negro now costs 3 € a packet.
Meanwhile the Government has ruled out increasing IVA VAT to try and fill the growing finance black hole, but has said it will be evaluating other taxes. Carlos Ocaña, the Secretary of State for Hacienda said increasing VAT now would ‘not be a good measure at this moment’.