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.
Is the tourism season 2020 lost?
Restrictions in travel, closed restaurants and hotels are the reality in the European tourism sector. However, the height of the holiday season approaches quickly and particularly those regions that are heavily dependent on...
The coronavirus pandemic: a “black swan” event
The COVID-19 pandemic has sent a global shockwave. According to EY experts, it meets all the criteria of a “black swan” event. It was impossible to predict and has a huge impact on reality, as confirmed by surveys...
The asymmetrical association between Ukraine and the EU
Ukraine is waiting for the EU to take further steps liberalizing the access of Ukrainian goods to the European market. At the same time, however, Ukraine is not doing enough to ensure that companies from European countries...
Czech billionaire makes US and UK acquisitions as pandemic bites
Czech billionaire Daniel Křetínský has been on spending spree in the US and UK, buying a 5 per cent stake in Macy’s and also a 5.3 per cent stake in the UK’s national postal service and courier company, Royal Mail.
Total investment in Polish real estate the second-highest
The total value of investment transactions in the Polish real estate market for the Q1’20 was almost EUR1.8bn, making it the second-highest result on record for the first three months of the year, according to JLL.
How will we fly after the pandemic?
All airlines are reporting slashing revenues as global air traffic comes nearly to a halt due to the pandemic. Now as many governments are beginning to slowly roll back the lockdown measures, airliners are preparing...
Offshore wind farms are necessary for the energy industry
The International Energy Agency predicts that over the next 20 years their power generation capacity will have increased 15-fold or more. According to the Polish government, during this time the generation capacity of...
Innovative chats do not support innovation
“We have become a victim to the mania of talking about innovation and have neglected other important areas of the economy, i.e. people who make the world go round but who do not invent new products,” says professor Lee...
Renewables to be hit by the global lockdown
According to the Wood Mackenzie Energy Transition Practice, industry risk is weighted towards new project execution as Europe and North America are in the lockdown. The scope and scale of quarantines continues but the...
Poland’s gas company won USD1.5bn compensation claim from Gazprom
Stockholm Arbitration Tribunal has issued a decision in favor of Polish oil and gas company PGNiG. The decision changes the method of pricing for Russian gas, attaching it to the prices for gas in Western Europe and is...