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 credit cycle is followed by the countercyclical buffer
Jacek RamotowskiThe consensus on how much capital should the banks have is beginning to crumble. In some countries, the burdens are high, and in others they are lower.
OECD urges Slovenia to tackle labor market bottlenecks and push privatization
Jo HarperThe Slovenian economy is expected to grow by over 4.5 per cent in 2017, but the country must tackle labor market bottlenecks and drive ahead with privatization in order to sustain long-term growth, OECD says.
Poland has little wealth so it has to use it effectively
Marek PielachPoles are four times less wealthy than Greeks and as much as 15 times less wealthy than Germans, says Paweł Dobrowolski, the Chief Economist of the Polish Development Fund.
The role of central banks in protecting financial services’ consumers grows
Milena KabzaThe consequence of the financial crisis is a change in consumer protection in the financial market, which so far has played a secondary role in the introduced regulatory standards and supervisory practices.
Hungary to hold off on Eurozone accession
Jo HarperHungarian politicians say that Hungary could only consider adopting the euro when its level of economic development is closer to that of the Eurozone countries.
Mortgages not equally cheap across the EU
Łukasz CzernickiSharp interest rate cuts by the European Central Bank resulted in a substantial drop in the prices of mortgage loans in the euro area. However, their interest rates differ significantly across Eurozone countries.
Rapid changes in the banking sector are not good for economy
Jacek RamotowskiBankers and economists wonder what sort of a financial system Poland needs in order to support its economic growth. The most simple answer is: one that is stable, diversified, heterogeneous and competitive.
The problem of non-performing loans in Europe needs to be solved
Milena KabzaThe European Systemic Risk Board published a report on solving the problem of non-performing loans in the European Union. ESRB stressed that the condition of those loans can threaten stability of the financial system.
Don’t succumb to the pressure to adopt the euro
Katarzyna StańkoFor Poland the quick adoption of the euro would be premature, believes Guntram Wolff, the Director of the Bruegel Institute in Brussels.
New threats to the financial system of the EU
Jacek RamotowskiChange in the valuation of risk premium is the greatest threat to the stability of the European financial system.