Overview

• The draft budget sets a tax of €0.30 per 10 ml for liquids under 15 mg nicotine and €0.50 for 15 mg or more.
• The measure is not yet adopted and remains open to amendment, with reports diverging on implementation from spring 2026 to the second half of the year.
• Industry group Fivape warns the policy could threaten about 3,500 vape shops and 20,000 jobs.
• Retailers caution that higher prices could push buyers toward contraband and unregulated online sales to young people.
• France’s plan is far below the European Commission’s 2028 proposal of €1.20–€3.60 per 10 ml, and typical 10 ml bottles now sell for about €5–€7.