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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.

The state is always present in the financing of nuclear power plants
Piotr RosikIt is an international standard that each state participates in the financing and implementation of capital-intensive projects such as a construction of a nuclear power plant. This may be done in various ways.

Russia’s alternative trade route
Filip BrokešDuring the first 10 months of 2017, nearly 8 million tons of cargo was shipped along the Northeast Passage, already surpassing last year’s record by 8,3 per cent.

Poland’s PGNiG’s supplies of gas to Ukraine doubled in 2017
Jo HarperIn just seventeen months - from August 2016 to December 2017 – the Polish Oil and Gas Company (PGNiG) delivered over 1 billion cubic meters (bcm) of natural gas to the Ukrainian market.

Serbian oil company adopts the long-term development strategy
Vedran ObućinaThe board of directors of the Serbian national oil company NIS adopted a long-term development strategy by 2025. It will enable NIS to remain a large employer in the upcoming period.

FDI in Poland was worth EUR13.2bn in 2016
Obserwator FinansowyThe high inflow of foreign direct investment was possible primarily due to the reinvested profits of companies with foreign shareholders. Polish organizations invested almost as much abroad.

Baltic and North Sea Rivalry
Jan DaraszEstonia was urged to reinforce regional cooperation in offshore power generation and stimulate Baltic wind power cooperation as the North Sea wind power forges ahead.

Modernization of Belgrade-Budapest railway line as One Belt One Road initiative
Michał KowalczykThe railway line between Budapest and Belgrade will be an important part of the One Belt One Road Initiative, the project proposed by Xi Jinping, President of the People's Republic of China.

Industry 4.0 could bring Poland additional USD4.8bn
Marek PielachAccording to Siemens’ experts, the digital industrial revolution could bring a total of USD4.8bn to the Polish economy. And this figure only takes into account the four key industries that have been examined: machinery,...

The Energy Union is still attractive for Poland
Wojciech JakóbikWithin the EU negotiations concerning the introduction of even more demanding standards for CO2 reduction are underway together with the promotion of renewable energy sources and increased energy efficiency.

Romanian real estate investment volumes set to hit EUR1bn in 2018
Jo HarperReal estate consultants said demand for projects will remain high across the board, with a focus on the office segment.