Poles want to know more about finance, are aware of the gaps in their economic education and can point out its benefits. These are the findings of a recent study commissioned by NBP.
“In the period from March 16th to the end of September NBP injected PLN158bn (approx. EUR 35bn) into the Polish banking system. This corresponds to approximately 7 per cent of Poland’s GDP – said Adam Glapiński, the...
In July 2020, the former governor of the Ukrainian central bank NBU Jakiv Smoliy resigned from his position. The new head of the central bank, Kyrylo Shevchenko, has announced the continuation of the monetary policy pursued by...
In a published quarterly report on the current account Slovenia’s central bank provides some apparently optimistic numbers. And so between January and April 2020, Slovenia’s current account surplus amounted to EUR1.1bn, which...
The Ukrainian central bank (NBU) announced that its reserves had reached a record level. In February, it forecast that they could rise up to the USD32bn by the end of 2022. But the pandemic raises a question whether the NBU will...
Fitch expects Poland’s economic growth to ease to 1.8 per cent in 2020 from a previous forecast of 3.3 per cent. A V-shaped recovery should follow in 2021, however, with the economy expanding 3.2 per cent driven by personal...
After the collapse of oil price and imposition of international sanctions 5 years ago, the Russian RUB hit the rock bottom. Since December 2014, the Russian currency has seemed to be caught in a never ending downward spiral,...
Yakiv Smoliy took over as the Governor of the National Bank of Ukraine (NBU) in mid-March 2018. His goals are, among others, low inflation and efficient banking system.
IMF and the governor of the Croatian National Bank organized a conference that encourages further liberal reforms in Central and southeast Europe.
A year after Brexit decisions made by central banks in countries which were considering entering the Eurozone show that there is no intention to do so.