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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.

“Russian Amazon” alliance disintegrates
Filip BrokešAfter more than two years of close collaboration, Russia’s corporate giants Sberbank and Yandex seem to be definitively giving up on the idea of creating a Russian alternative of the American eCommerce hegemon Amazon....

Venture Capital funds in the CSE
Vedran ObućinaThere are many reasons why Central and Southeast Europe (CSE) is not attractive to foreign investors, most notably high levels of corruption, legal restrictions that prevent or restrict Venture Capital (VC) investment,...

USA mulls new sanctions on Nord Stream 2 natural gas pipeline
Jo HarperThe US is considering imposing new sanctions on the Nord Stream 2 natural gas pipeline from Russia to Germany. The expanded sanctions would impact all pipeline laying activities and companies that provide insurance, port...

Europe in a defense mode
Filip BrokešSince the outbreak of the COVID-19 pandemic in Europe, many companies have seen their market value plummet. European firms that were hit hard become easy targets for foreign investors. The EC wants to introduce screening...

How will coronavirus change the Polish economy?
Jo HarperForecasts for the Polish, global and European economies are burdened with a very wide margin of error, Piotr Arak, director of the Polish Economic Institute, said at the European Economic Congress (EEC) in Katowice, which...

Is the tourism season 2020 lost?
Vedran ObućinaRestrictions 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
Obserwator FinansowyThe 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
Michał KozakUkraine 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
Jo HarperCzech 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
Jo HarperThe 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.