Industrial new orders in Poland increased by 8.6% y/y in May of 2014 after rising by 21.1% y/y a month earlier, according to national stats office GUS. In monthly terms, new orders fell by 18.1% in April.
Thus, the orders rose for the fifth time in a row after two months of declines that followed five months of growth.
The new orders index measures the value of future deliveries of products and services (which are directly linked to these products) to be provided by a producer to a third party on the domestic and non-domestic market.
The Polish parliament on November 24 passed a bill that bans retailing on the first and last Sunday of each month. The passing of the law – which still has to be reviewed by the Senate and ... more
The European Parliament adopted a resolution on November 15 calling on the EU Council to launch the so-called “nuclear option” against Poland to punish Warsaw for its alleged abuse of the ... more
The finance ministers of the European Union member states have called for the creation of a blacklist of tax havens to crack down on tax dodging, the ministers said at a meeting in Brussels on ... more