Articles in 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.

The pandemic could change “Big Pharma” for good
The coronavirus pandemic may have shown various weaknesses of the pharmaceutical industry, but it has potentially created an opportunity for the sector to cure itself. The pandemic could solve the problems of patents and...

Success of business and private aviation companies
In anticipation of the return of more commercial airlines to the European sky, this air gap is filled by private and small business planes whose number of landings and departures with tourists and business travelers is...

The coronavirus will accelerate transformation of the global energy
In 2020, the global energy consumption will decrease by about 6 per cent, and more than 3 million energy industry workers have already lost or will lose their jobs. At the same time new investments are needed to ensure that...

What next for Nord Stream 2?
The recent political events forced the German Chancellor Angela Merkel to face increased political pressure within Germany and within her own Christian Democratic Union (CDU) ruling party — to end her support for the Nord...

Europe points finger at “high-risk countries”
The European Commission composed a list of high-risk third countries which have “strategic deficiencies in their AML regimes”. Entities connected to these countries will have to go through an increased scrutiny before...

Can Europe survive without foreign workers?
The coronavirus shock in the first phase of the crisis caused various types of imbalances in the markets of goods, services, property and labor. Unravelling these imbalances requires time to adjust but some countries don’t...

In Europe ultimate beneficial owners are still mainly hidden
Following a series of money-laundering scandals the European Commission is stepping up in the fight against financial crime. Warning of gaps and weaknesses in national AML systems, it calls for a unified, European approach...

Fashion industry: the Emperor’s New Clothes
The fashion world, including the clothing industry, is undergoing profound changes, and the crisis will only deepen the previously observed negative trends. The entire value chain is being rebuilt due to the expected changes...

US-Ukraine gas plans could put Warsaw in pole position
In May, the Ukrainian government preliminarily approved the text of a memorandum on the prospects for importing liquefied natural gas (LNG) from the US. The agreement envisages supplies of 5.5 billion cubic meters (bcm) of...

In Ukraine small is not beautiful
Ukrainian small and medium-sized entrepreneurs (SME) are complaining that government does not see them as the foundation of a healthy economy and favors big business. The lockdown have hurt SMEs the most, which could...