Poland: manufacturing PMI down in May 2022

Poland’s Purchasing Managers’ Index (PMI) fell to 48.5 points in May from 52.0 points in April, economic researcher S&P Global reported on June 1. Economists polled by PAP predicted the PMI would reach 52.0 points in May. According to S&P Global, the reasons for the decline included the war in Ukraine and inflationary pressures. The…

Latvia: Saeima refuses to give municipalities right to fully restrict gambling

Latvian parliament’s Public Administration and Local Government Committee decided to not support the proposal for giving municipalities the right to fully restrict gambling activities within their respective territories. The proposal was submitted by Seaima deputy Viktors Valainis prior to the third reading of the Law on Local Governments. He proposed “issuing commercial permits and licenses,…