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.
What is China doing in Belarus?
Bogdan GóralczykBelarus became an important country for the European Union, and most of all, for Germany and France. It has always been important for Russia. In recent years, however, the group of countries interested in Belarus was joined...
Coronavirus hit the clothing industry
Obserwator FinansowyAccording to the initial summary of retail trade volumes in the first month of the lockdown in the European Union, sale of clothesffered the most as a result of the coronavirus pandemic. The volume of sales fell by 40 per...
The future of Europe’s automotive sector
Filip BrokešEurope’s automotive industry has experienced a severe downturn since the onset of the COVID-19 epidemic. From a short-term perspective, the key to recovery in Germany and CEE will be the pickup in sales in the largest...
Apple’s tax scheme deemed legal
Filip BrokešThe EU’s General Court overturned a European Commission (EC) decision that Apple have to pay back EUR14.3bn in taxes to Ireland. The EC now has two months to launch an appeal. The battle between the UE and multinational...
The US sanctions beckon as Nord Stream 2 gets Danish support
Jo HarperWhen the Danish Energy Agency (DEA) authorized the use of a Russian ship to lay the final part of the Nord Stream 2 gas pipeline, advocates of the project were delighted. The move allows the pipeline to reach its destination...
Will Poland gain after the relocation of production from China?
Obserwator FinansowyPoland could gain more than USD8bn per year thanks to the relocation of some of the production operations from China to other countries, according to a report Trade routes after the COVID-19 pandemic” by the Polish...
The European Union will not skimp on combating the crisis
Marek PielachThe European Commission (EC) prepared an economic reconstruction fund. On top of the EUR500bn in grants, the EC have added the EUR250bn in loans. This means that the total value of the fund will reach EUR750bn, which is a...
Climate change policies will be cheaper
Jacek KrzemińskiOne of the first economic effects of the coronavirus pandemic was a sharp decline in the prices of carbon dioxide emissions allowances. This is great news for Poland, because lower prices will allow Poland’s economy to...
The pandemic may result in the food shortages
Vedran ObućinaIt is becoming increasingly clear that in the H2’20 there will be a significant shortage of agricultural products on the world market due to broken supply chains. Prices are expected to rise in the summer or autumn, but...
Poland’s real estate market gets boost
Jo HarperPoland’s property market is still growing. The total value of transactions amounted to EUR7.8bn in 2019 as compared to EUR7.2bn in 2018, according to an investment report. The rapid growth of eCommerce heavily impacts...