Central banks in Eastern Europe have been undergoing changes in their roles within market economies. The independence of central banks is important for their effectiveness in managing economic performance. Evidence suggests that more independent central banks tend to lead to better macroeconomic outcomes. Countries like Poland, the Czech Republic, Romania, and Bulgaria have been working towards increasing the independence of their central banks. This trend is also seen in other parts of the world. Overall, greater central bank independence in Eastern Europe is linked to improved economic performance.