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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.

Russia: poverty rate jumps
Martyna KośkaAccording to official statistics, number of Russian poor people has reached 22 million. The percentage of Russians living below the poverty line is 15.9 per cent in Q1’2015.

Work and curiosity of the world should not be confused with poverty
Maria Drozdowicz"More than 400 professionals are leaving every day. In the last year 150,000 highly qualified citizens left the country in search of work." – writes The Telegraph, accusing the government of a lack of policies to stop...

Taxation of non-existing disable employees
Piotr Arak30,000 companies in Poland pay a total of PLN 3bn in additional taxes for employment of disable, but the majority of disabled people are not looking for an employment.

Start-ups from the Eastern countries are the opportunity for Polish VC funds
Magdalena OlczakAs public money flows into venture capital funds in Poland, the supply of available financing is larger than the pool of projects fit for investment. One solution to this problem would be to engage start-ups from Eastern...

Moldovans in Romania – the ties that bind
Marta SobolewskaThe “spectre” of mass Romanian migration to western Europe has haunted British tabloids in particular in recent years, often in direct contradiction to the facts – recent reports say there has been no surge of...

Market for jobseekers finally under reform
Piotr Arak28 May 2014 is a historic date for Polish labour offices and, hopefully, for Polish unemployed too. It is the first time in over 10 years that the government has amended the operational rules for jobcentres. The range of...

Moldova’s Association with the EU may help to solve the conflict in Transnistria
Michał KozakMoldova with its 3.6 million inhabitants is today one of Europe’s poorest countries and it will benefit a lot from the association agreement with the EU despite its peripheral location.

Emissions can be reduced without ruining the economy
Jacek KrzemińskiIn 2012, the EU decreased its total carbon dioxide emissions by 2.3 per cent. Even though Poland has been given bad press in this matter, it managed to decrease them by 3 per cent. In the U.S., emissions were reduced by 4...

It is hard to measure an output of innovation policy
Krzysztof NędzyńskiAdequate input for R&D is indispensable: without investment there is no innovation – says Peter Dröll, Head of Innovation Unit in the European Commission. It is equally important to have a maximum output. It is hard...

Economic education to limit pictorial democracy
Wojciech SabatAccording to the report on the Financial Knowledge of Poles by the Kronenberg Foundation, people who are deeply interested in economics in Poland are twice outnumbered by geni who qualify to Mensa. It could have been...