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.
Innovations in health-care and biotechnology are the best opporunities for Poland
Artur BurakPolish innovative companies are rather concentrated on domestic market than on international expansion. That's one the main reasons of Poland's weak postion in rankings of innovation performance. According to biggest chances...
Poland will not grow as fast anymore
Piotr AleksandrowiczThe Conference Board, almost a hundred years old global business organisation, published its economic development projections several days ago. The projections say that between 2013 and 2018 Poland’s GDP growth rate would...
Interest rates may decrease, but the economy needs more than that
Marek PielachMPC's last announcement makes it clear that the process of easing monetary policy has begun. We are witnessing an economic slowdown when it is difficult to keep the level of public debt in check. Our economy's sustainable...
Czechs pay a political price for fiscal tightening
Jan CieńskiPetr Necas's determination to drive down the Czech Republic's budget deficit has been so strong that he sparked a political crisis which almost unseated his government and has many economists blaming him for the country's...
Hospody pomyluj (Lord, have mercy)
Piotr AleksandrowiczRecession looms over Ukraine. The oligarchs rule. A currency crisis may break loose at any time. Foreign investors demand a high risk premium, some of them retreat. High interest rates hamper domestic investment, while...
It is not easy to get rid of the excessive deficit procedure
Witold GadomskiThe finance minister believes that next year the European Union will decide to abrogate the excessive deficit procedure against Poland. This would give the government a free hand to implement reforms stimulating the economy....
Banks slowing down?
Grzegorz BrudzińskiThe net profit of banks after nine months of the year exceeded PLN 11 billion, according to the Polish Financial Supervision Authority (KNF). It is PLN 100 million less than the result after three quarters of the record year...
Banks must not threaten their countries
Marek Pielach“Large banks dictate to their governments what to do, and banks in turn are too strictly steered by regulators, who want to influence banking products, but are not interested in the systemic risk generated by these banks....
Government creates a programme hoping for low participation
Katarzyna BartmanThe programme extending the paid parent leave is to cost taxpayers PLN 2 billion. If all eligible parents were to participate, the figure should amount to as much as PLN 5.2 billion. However, already while drafting the...
Capital from the Silicon Valley for companies with ideas
Artur BurakProfessor Piotr Moncarz from the Stanford University and his colleagues have launched a programme for Polish companies seeking an opportunity to enter the global market.