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.

Serbia to increase its gold reserves
Milica MilojevićPresident Aleksandar Vučić confirmed that he had launched the initiative for Serbia to increase its gold reserves to “provide Serbia with security and more secure future in the circumstances of potentially downward...

The problematic design of the bank tax in Romania
Patrycja BeniakDue to the introduction of the bank tax in Romania a big sell-off of shares of Romanian banks occurred in late 2018 and early 2019. There was also some controversy regarding not only the taxation of banks in itself, but also...

Economic growth thanks to reduced digital exclusion
Obserwator FinansowyThe percentage of Poles that own a bank account has increased from 70 to 87 per cent since 2011, but only 52 per cent actively manage their accounts using mobile devices and the internet.

EBRD puts more hope and investments in the Balkans
Vedran ObućinaSarajevo hosted the annual meeting of the European Bank for Reconstruction and Development (EBRD). It attracted political and economic stakeholders of the Balkan region.

The EUR is on the offensive
Milena KabzaOn the 20th anniversary of creation of the single currency, Europe seeks to challenge the USD’s dominance in the global financial system.

Fintechs have got stronger, but competition with banks is harder
Mirosław CiesielskiThe number of newly formed companies is growing at a slower rate and they have to compete with the banks, which are gradually catching up in terms of technological advancement.

2019 may be a time of innovation on the stock exchanges
Piotr RosikThe world's largest stock exchanges are working on projects based on blockchain technology. Such solutions are already functioning on many stock markets.

Serbia’s fight against money laundering
Vedran ObućinaRecent celebration of ten years of the Vienna Initiative was another reason for the deeper financial integration of the emerging European countries. Vienna Initiative is a framework for safeguarding the financial stability...

New online bank on the Russian market
Filip BrokešAfter almost a four-year vacuum in the Russian banking sector, as the Central Bank of Russia (CBR) was waging a protracted sector clean-up, a new bank, Bank 131, has been registered by the regulator.

CSE and Eurozone entry: the state of play
Jo HarperPoland has recently said it won’t join Eurozone any time soon. So, who from the Central and Southeast Europe (CSE) is in, and who will join the Eurozone, when and why?