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.
Bulgaria: below expectations
Martyna KośkaBulgaria’s admission into the EU was somewhat conditional – Bulgaria had not met all the requirements, but the Union’s officials hoped that the admission to the community will provide an impulse to quickly fix the...
Poland has to make itself ready for the euro at its own pace
Tomasz Mironczuk, Jacek RamotowskiAnnounced by the European Central Bank, scheduled for September, targeted long term refinancing operations (TLTRO) will become one of important transmission mechanisms of monetary policy. The ECB hopes that they will restore...
Mother is flexible, employers could be too
Jan BaranDemographic changes will of course translate into the economic situation. In a longer perspective, the ageing of the population will result in declining employment and a slowing of economic growth.
Important projects still beyond participatory budgets
Piotr AleksandrowiczAt least 70 cities and municipalities have already launched their participatory budgets. Their number will grow since they are drivers of popularity and the local elections are scheduled as early as this autumn. Therefore,...
Balcerowicz: We can avoid the slowdown
Witold GadomskiA distinction must be made between the privatization of previously state-owned enterprises and the privatization of the market, for instance, through the creation of new, private, companies. This latter process has been a...
There is no magic wand for the economy
Krzysztof BieńPoland has created the organizations, procedures and processes of a modern state. By doing so it has bound itself permanently to the Western world. No great reforms will be needed in the future, only the ability to manage...
Slovakia’s Fico faces problems after losing the presidential election
Jan CieńskiSlovak prime minister Robert Fico emerged from last month's presidential elections a bruised and battered political figure – but his loss at the hands of novice politician Andrej Kiska is unlikely to have much of an impact...
Belka: Economies need strong foundations
Krzysztof BieńAccording to the latest NBP inflation report, economic growth will gradually accelerate without the risk of rising prices. This will allow interest rates to remain stable. The Ukrainian crisis will not impact negatively on...
NBP Economic Institute: Economic growth gathers pace, but not inflation
Obserwator FinansowyGDP growth of 3.6 per cent this year and similar results in subsequent years, with low inflation and an improvement in the labor market – this is the scenario predicted in March 2014 by the NBP’s Economic Institute. We...
There will be no demographic reserve until the budget is balanced
Aleksandra FandrejewskaThe number of children and youth is for the first time the same as the number of pensioners in Poland. Both groups were 7 million strong in December 2013, according the preliminary reports of Poland’s Central Statistics...