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.
Corruption and parities discourage investors to Bosnia
Martyna KośkaBosnia and Hercegovina will not repeat the economic success of Kosovo. The omnipresent corruption, fostered by the bureaucracy and the legal environment of companies, effectively discourage foreign investors from investing...
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,...
Safer financial system will improve channelling of credit to the economy
Jacek RamotowskiThe role of banks in the financing of the Union's real economy and financial intermediation remains high, but the capital market will become relatively more important. Further reforms should accompany this transformation and...
Sinn: The convergence can’t be artificial
Jacek RamotowskiThe European Central Bank counteracts country-specific risk premia in eurozone, that hinders proper allocation of capital and incurs the risk of building up a new credit bubble. Meanwhile the eurozone is already waiting to...
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...
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...