English
Obserwator Finansowy features views and analysis of economy in Poland and other countries, written by some of the best journalists, economists and analysts. Our mission is to share knowledge of economics and financial markets in the world.
Obserwator Finansowy is a project under aegis of the Poland’s central bank, Narodowy Bank Polski. We have published thousands of articles about the Polish and global economy. Our journalists have conducted hundreds of interviews with Nobel laureates, distinguished economists, business leaders and politicians with views across the political spectrum.
In this section you can find selected articles in English.
The complex issue of cryptocurrency regulation
Milena KabzaAlong with the development of the cryptocurrency market there is a growing interest in this area among legislators and regulators, but the adopted approach varies between individual countries.
The cost of adoption of the EUR by Croatia would be almost zero
Marek PielachWe have launched a debate on the adoption of the single currency, but there is no decision nor a schedule yet, said Boris Vujčić, the Governor of the Croatian National Bank.
Globalization has its winners and losers
Sebastian StodolakGlobalization cannot be stopped, but we should approach it in a rational manner, acknowledging that capital has a nationality, says Sándor Gyula Nagy, an economist from the Corvinus University in Budapest.
Artificial intelligence in finance could pose new systemic risk
Milena KabzaThe Financial Stability Board believes that the development of artificial intelligence in finance will increase efficiency in the financial system, but it may lead to the creation of a serious risk for financial stability.
In Poland an interest rate hike would expand credit risk
Jacek RamotowskiDespite the increasingly robust growth of Poland’s economy, a real growth observed in wages and consumption, lending is picking up only moderately.
MiFID II will change the landscape of the financial market in the European Union
Milena KabzaThe new requirements of the MiFID II Directive, which enters into force on January 3rd, 2018, will significantly change trade of shares, bonds and derivatives in the European Union.
The struggle for strong authentication
Grzegorz HansenThe European Union's Payment Services Directive (PSD2) tightens the requirements for remote access to accounts and electronic transaction orders. Despite its adoption, the severity of these requirements still has not been...
Polish startups light the way
Jo HarperThe Venture Capital market in Poland is the strongest in Central and Southeast Europe with over 50 active VCs and thousands of angel investors. It attracts founders of similar culture from countries from the former Soviet...
The EU wants to strengthen the system of market supervision
Jacek RamotowskiThe European Commission wants to strengthen EU agencies supervising financial markets in order to ensure an effective and safe implementation of the plan for the Capital Markets Union (CMU).
Montenegro – the state of union
Jan MuśA small, southeast European country – Montenegro has been awarded by the European Commission. Brussels has confirmed Montenegro’s first (though ex aequo with Serbia) position in the race for membership in the European...