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.

NPLs overwhelm Europe’s economy
Jacek RamotowskiTrillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.

Hungary could adopt euro by 2020
Jo HarperHungary could adopt the euro as its currency by the end of this decade, if economic trends continue to improve and the currency gains more stability, Hungary’s National Economy Minister Mihály Varga said in an interview...

Fitch holds Croatia’s credit rating two notches below investment level
Jo HarperFitch has confirmed its long-term credit rating for Croatia in foreign and local currency at BB and the short-term credit rating at B, while maintaining a negative outlook for both.

Compensation with a lower limit
Regina SkibińskaThe Polish Financial Supervision Authority (KNF) is preparing to standardize the compensation paid from third-party liability motor vehicle insurance policies.

China looks at options for financing large-scale projects in Baltics and CEE region
Jo HarperChina has invested more than EUR5bn in Central and Eastern European countries, although according to data provided by the Chinese Ministry of Commerce, this accounts for only 2 per cent of the country's investments in the...

Capitals are not enough to stave off a banking crisis
Jacek RamotowskiEuropean banks have significantly strengthened their capitals thus capital shortfalls are no longer a problem. But there are other challenges.

Moving Hungary from cash to electronic payment
Gábor BraunHungarians traditionally prefer paying with cash thus there is significant room for catching-up to the EU average with electronic payments.

Poland’s WSE Inks Deal with Haitong Bank
Jo HarperThe Warsaw Stock Exchange in June signed a cooperation agreement with Haitong Bank, owned by a leading Chinese securities broker in Asia. China is looking at Poland with big eyes and large pockets, as a hub for entering the...

European Union needs institutional stability
Jacek RamotowskiThe European Union needs institutional stability in a financial supervision, says Andrea Enria, Chairperson of the European Banking Authority.

The third wave of banking innovations
Jacek RamotowskiBanks are experiencing yet another wave of innovation, which is set to fundamentally change how they provide services.