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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.

Polish inland waterways in progress
Jan DaraszThe debate over the navigability of the Vistula river and other Polish rivers continues, as the management of the port of Gdańsk has announced a tender for the feasibility study.

Poland to decide this year on building first nuclear power plant
Jo HarperPoland will decide later this year whether to build its first nuclear power plant to lower carbon emissions, as part of a plan to reduce dependence on coal in the long term, Energy Minister Krzysztof Tchórzewski said.

Blockchain is changing business
Tomasz ŚwiderekIt cannot be ruled out that blockchain technology will lead to an even greater revolution than internet. In 2018 it is expected to be one of the six most intensively developed technologies in the world.

PKO BP sees potential in small and medium-sized exporters
Marek PielachSMEs account for only 30 per cent of Polish exports, which is why we see potential for growth here, says Robert Zmiejko, Head of the Foreign Development Division at Bank PKO BP.

Retail space in Polish cities breaks new records
Jo HarperThe Warsaw and Silesia Agglomerations remain the largest retail markets in Poland. Szczecin agglomeration is the smallest retail market amongst 8 largest ones and offers only 303,700 sqm of GLA.

We should buy gas in Romania and electricity in Bulgaria
Obserwator FinansowyConsumers in Poland pay 29 per cent less for natural gas and electricity than the average in the European Union. These differences, however, are decreasing.

Russia real estate sector out of the crisis mode in 2018
Filip BrokešAlong with investment and domestic consumption, the real estate sector has been one of the three main drivers of the Russian economy. It is also a sector that has been hit particularly hard by the crisis.

UK insurer Aviva is the second-largest investor in Polish coal industry
Jo HarperThe UK insurance company Aviva is the second-largest investor in the Polish coal industry, investing GBP372m (EUR415m), more than any other insurance company apart from Dutch firm Nationale Nederlanden.

Investors would opt for Poland again
Marek PielachIn the 1990s FDI in Poland meant capital injection and creating new jobs. Nowadays, FDI means access to the latest technology and know-how. Then and now FDI is one of the sources of Poland’s economic development.

2017 was a year without breakthroughs in Polish-Chinese relations
Adam KalińskiThe strategic partnership with Poland signed almost two years ago was supposed to revive mutual economic relations, and open up the Chinese market for Polish exports. The effect has been the opposite so far.