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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.

Commercial real estate investment activity in core Central European markets up 56 per cent
Jo HarperStrong commercial real estate investment activity in the core Central European markets - Poland, the Czech Republic, Slovakia, Hungary and Romania - continued in the second quarter of 2016.

Energy from renewable sources needs a lot of money to be renewed
Magdalena SkłodowskaThe development of clean technologies in the energy industry is becoming a global trend. How to achieve this at the lowest cost, in order not to pass on the burden to energy consumers – that is a challenge faced by...

Energy tariff reform in Ukraine: going too far?
Vasily AstrovUkraine’ economy is among the most energy-intensive in the world, and the potential for improving energy efficiency is accordingly large.

Mercedes-Benz to build its second modern factory in Kecskemét for EUR1bn
Gábor BraunGerman premium automotive manufacturer, Mercedes-Benz will expand its car production in Kecskemét, Hungary. Production and Supply Chain Director, Markus Schäfer announced that a second car plant will be build next to the...

Polish companies are becoming active on the international M&A market
Maria Bnińska2015 was the biggest M&A year ever, with the global value of USD4.304 trillion. Some Polish companies are mature enough to take active part in this market, not only in Poland but abroad said Grzegorz Piechowiak and Anna...

Poland needs an energy strategy
Marek PielachOnly the construction of a gas pipeline to the Norwegian deposits and the expansion of the LNG terminal will provide us with great political and economic benefits, says Krzysztof Księżopolski.

New threats slowly increase defense spending
Katarzyna StańkoIn 2015 the global spending on armaments was USD1.7 trillion. That's about 1 per cent more than a year earlier.

Poland to quit Russian gas, but what next?
Jo HarperPoland has said it does not plan to renew a long-term gas supply contract with Russia when its current deal with Gazprom expires in 2022.

Gaining independence from Russian gas must be sped up
Martyna KośkaPoland loses its allies in the fight against Nord Stream2 thus new investments in gas infrastructures has gained urgency.

IMF warns about denting business confidence in Polish economy
Jo HarperPoland has been growing steadily over the past years, with 3.6 per cent growth in 2015, although some policies of the government, in office since November 2015, have dented investor sentiment and could slow growth, according...