The cigarettes would have led to a financial loss to the Latvian state of €75m if they had entered the market.

In Eastern Europe, the revenue in the E-Cigarettes market is projected to reach US$1.5bn in 2024. This market is anticipated to experience an annual growth rate of 2.38% (CAGR 2024-2029).

Latvia said Monday its police and border guards had seized nearly 300 million counterfeit cigarettes and arrested more than 30 people suspected in involvement in an illegal distribution network ...

The European Commission has so far set regulatory standards for e-cigarettes, including limits on nicotine content and labels ...