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.

Germany: the Unbearable Lightness of Being?
Katarzyna KozłowskaOne may have the impression that few months before the elections, Angela Merkel's government has no serious worries, especially in the light of 2012 economic indicators, published on 15 January by the German statistical...

The economy needs more than UE funds
Marek PielachWe have a huge layer cake from Brussels – more than PLN 300 billion. There are reasons for joy of successful negotiations. Yet, the rhetoric of the success of the battle for each euro cent should fast give way to...

The reforms are possible but must be wanted
Witold GadomskiIn the latest World Bank’s Doing Business 2013 ranking, Poland came 55 among 185 countries ranked. A way behind, but we moved up the fastest among all countries – 7 spots, which was thanks to the work of the Ministry of...

Latvia, was the austerity worth it?
Jan CieńskiOver the last few years Latvia has become a poster boy for advocates of the benefits of harsh austerity policies, with fans of the Baltic nation pointing out that after slashing government spending in 2009, the country is...

It is beneficial to satisfy the euro area requirements even if we do not enter it
Katarzyna MokrzyckaThe discussion titled: “Poland’s competitiveness and economic growth” has launched a cycle of debates on opportunities and threats stemming from Poland’s entering the euro area, organized by the President of the...

Euro in Poland no sooner than in 2019
Marek PielachThe easing of the crisis suffered by the euro area for a few years reactivated the topic of our presence there. The awareness that without the euro adoption Poland would remain an insignificant EU player is increasing. The...

Hungarian government wants to tap private bank accounts in Switzerland
Zsolt ZsebesiThe Hungarian government approached the Swiss government with a request for information concerning Hungarian citizens’ bank accounts in Switzerland. Budapest would like to have a bilateral agreement granting it access to...

One out of every six Russian businessmen is imprisoned as a result of efforts to expropriate assets by illegitimate means
Jakub BiernatWilliam Browder, a grandson of the former General Secretary of the Communist Party USA, became one of the biggest foreign investors in Russia at the end of the 1990s. Mr. Browder, CEO of Hermitage Capital, who was initially...

In International Trade Sometimes They Can Hear You Scream
Jan CieńskiMaking a very loud fuss when things don't go your way may be ineffective for small children with stern parents – but it is often a fairly effective strategy when it comes to international trade policy, something that...

The patriarch of Wall Street – energetic advocate of prudence
Jan CipiurNew York has an inhabitant who has taken to his heart the birthday wishes of “may you live long years”. Irving Kahn is 107 years old. He works every day, from Monday to Friday, in his office in Manhattan where he manages...