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.

Privatisation of the mines won’t happen
Karolina Baca-PogorzelskaTauron’s team of advisers expressed a positive opinion on the plan for the energy group to purchase “Brzeszcze” coal mine from Kompania Węglowa. This is not the only mining facility that could change owner in the...

Poland Starts to Conquer African Markets
Małgorzata GrzegorczykA stagnant European Union and growing geopolitical problems in Russia are forcing Poland to look further afield for export markets, with some success; the government’s two-year-old GoAfrica programme has boosted trade with...

Trade unions – a costly state within a state
Witold GadomskiSociologists dealing with Polish trade unions estimate they have between 1.5m - 2.4m members. This wide divergence underscores the lack of precise data on trade. What the surveys do clearly show is that 74% of respondents...

Polish Coal: Lagging Reforms Hobble Sector
Adam EastonPoland’s state-owned hard coal mining industry is on the brink of bankruptcy thanks to falling prices and demand, rising costs and a reluctance to close unprofitable pits – all this after billions of dollars were spent...

Who will make money on rebuilding Donbass
Michał KozakUkrainian authorities are considering how to rebuild Donbass, destroyed by Russian mercenaries. Unless the West takes part in the procedure, decisions are likely to depend on under which variant the most money can be...

In Russia business is still thriving
Małgorzata GrzegorczykReports of international experts warn of a slump in investments, but despite the sanctions, foreign companies in Russia are expanding or beginning new projects. It is true, the inflow of capital is lower, but it has not...

Corruption and parities discourage investors to Bosnia
Martyna KośkaBosnia and Hercegovina will not repeat the economic success of Kosovo. The omnipresent corruption, fostered by the bureaucracy and the legal environment of companies, effectively discourage foreign investors from investing...

Poland’s Eurozone Tests
Marek BelkaThe European Union’s new member states from Central and Eastern Europe are required to join the eurozone as part of their accession agreements. But deciding when to adopt the euro is a matter of heated debate. It is not...

Certain and uncertain investments in the infrastructure
Marek PielachRoads, railways and drilling for shale gas are almost certain infrastructure investments for the coming years. Although yesterday the government adopted a nuclear power program, large investments in the power industry, in...

Philanthropists give what the state demands
Aleksander PińskiThe popularity of the Polish Great Orchestra of Christmas Charity is encouraging a return to the arguments of Nobel Prize winner Milton Friedman. He claimed that state support for underprivileged people is unnecessary, since...