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.
We must react cautiously and flexibly to rising inflation
Obserwator Finansowy“Our measures are an attempt to limit secondary effects, so that – when the negative supply shocks disappear – inflation will also decline rapidly,” says Mārtiņš Kazāks, Governor of Latvijas Banka and member of...
Energy and Climate Change in 2022
Nicholas ButlerAfter the high rhetoric and ambitious pledges of the last twelve months, culminating in the COP26 meeting in Glasgow, 2022 promises to be a very different year with the emphasis on volatile prices, especially for oil and...
Investors’ irrationality deepens economic crises
Ewa RzeszutekBehavioural inclinations of managers, often leading to management errors on a microeconomic level, can accumulate, causing at least ineffectiveness, if not serious disruptions in the economy on a macro scale, thinks...
The United Kingdom’s Great Leap Forward
Maciej Danielewicz“After Brexit, the United Kingdom is building trade links and developing its own competences in many modern sectors of the economy. This can be seen on the example of biotechnology and pharmacy – the United Kingdom has...
The banking industry is opening up slowly
Mirosław CiesielskiThe principles of open banking have been in force in the EU for over a year, but the availability of open banking services is still low. However, the philosophy of open banking is being adopted by more and more countries,...
Unimpressive performance of private equity funds in Poland
Jan CipiurThey are referred to as the “two and twenty” (or “2 and 20”). This business is also present in Poland, although it isn’t playing any major role. In the United States, and elsewhere in the West, these investment...
New Czech energy strategy
Filip BrokešThe Czech state-owned energy company ČEZ sold its assets in Romania. There are plans to sell also assets in Bulgaria, Turkey and Poland. The focus will be on the Czech Republic and modernization of the Czech energy...
Electric vehicles are resistant to the crisis
Jacek KrzemińskiIt could be expected that the economic crisis caused by the pandemic and the drop in oil prices will negatively affect the market of electric vehicles. However, it seems that this will not be the case. Electric vehicles are...
The end of holiday shopping?
Maria BnińskaThis year holiday shopping is going to be different. Consumers are buying online because of the health safety and convenience. According to McKinsey the COVID-19 pandemic is upending the retail industry to an extent that...
PKN Orlen-PGNiG merger a sign of things to come
Jo HarperIn June, Polish oil firm PKN Orlen said it would merge with Poland’s national gas provider PGNiG and notify the deal to Brussels by the end of 2020. According to the Prime Minister Mateusz Morawiecki a combined energy...