Finland will be the first EU member state to levy a tax on sugary foods and beverages, despite fierce opposition from the industry.

The Social Affairs and Health Committee of the Finnish Parliament announced on Tuesday that it had reached a consensus. The tax is intended to address a surge in type 2 diabetes, with soft drinks being seen as a major source of sugar.

The tax is intended to replace an existing tax on sweets and ice cream, which the European Commission believes unfairly favours...

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