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.
Foreign investments are good, but let’s not attract them with taxes
Sebastian StodolakFDI were perceived as exploiters and poisoners, but investors have developed their policies in the social responsibility of business to fight this perception, and they partly succeeded, said prof. Beata Javorcik.
Croatia on a path to the Eurozone but with challenges ahead
Vedran ObućinaOn its path to Eurozone membership Croatia has taken the important step of filing a formal application to join the EU's Exchange Rate Mechanism, or ERM II. But doubts whether introducing the EUR is a good or a dangerous...
Ukraine’s central bank eyes new IMF program of up to USD10bn
Sergei KuznetsovThe Ukrainian government should seek a new support program with the International Monetary Fund (IMF) of up to USD10bn, with a duration of up to four years, the National Bank of Ukraine (NBU) believes.
Polish companies have plenty of space to increase their margins
Marek Pielach“The best income is earned at the beginning of a product’s origin, the medium, i.e. production, is the least attractive. Poland is right in the middle,” said Michał Gradzewicz, PhD, and Jakub Mućk, PhD.
Convergence rates of the EU countries
Vedran ObućinaEuropean Statistical Office (Eurostat) published two key comparative data on the development of European Union member states, based on which the so-called "convergence" is estimated.
Successes and failures of the European Central Bank
Sebastian StodolakSetting up the Eurozone without establishing an asset that would guarantee its stability was a mistake, says Professor Ricardo Reis from the London School of Economics.
Russia’s shrinking middle-class
Filip BrokešNot more than 30 per cent of Russia’s population can be described as belonging to the middle-class, down from 37 percent in 2008, a recent study done by one of Russia’s leading private financial institutions, Alfa Bank...
Annual reports show growth of micro enterprises in Croatia
Vedran ObućinaThe data from the annual financial statements of the entrepreneurs reveal an extremely interesting dynamics in the structure of the Croatian corporate sector. But the changes are still located at the bottom of the corporate...
The banking sector is facing the next huge technological leap
Witold GadomskiThe banking sector is facing another revolution — the competition of global corporations, such as Facebook, Google, Amazon, Apple, and Alibaba. Their strength will force banks to restructure, but it may also push some of...
The PLN could conquer Ukraine’s currency market
Michał KozakIn just a few years, the PLN grew from a niche currency into one of the most popular currencies in Ukraine and is currently battling for the third position with the RUB.