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.

New wave of privatization in the Czech Republic
Filip BrokešAt the end of December last year, the Czech Ministry of Finance drafted a new policy regarding state-owned assets. It outlined which companies should remain in state hands and which should be privatized. The sellout of those...

ING assesses Covid-19 impact on the CSE economies
Jo HarperAs Covid-19 spreads, causing more countries to take counter-measures, Central and Southeast Europe is no exception. ING’s latest report said that collectively it is downgrading the 2020 GDP outlook on the back of virus...

Global economy in times of Covid-19
Filip BrokešSo far, the global economy has been suffering chiefly as a consequence of an economic standstill in China triggered by the outbreak of coronavirus. However, the situation could get far worse. At least two alternative...

The benefits of new technologies for the world of finance
Mirosław CiesielskiIn light of the large numbers of new digital entities operating on the financial market, the scope and complexity of the regulatory sphere is increasing. Regulatory and supervisory institutions are starting to reach for...

Convergence in the Western Balkans
Vedran ObućinaThe fundamental objective of the EU since its inception has been reducing development disparities between regions. In doing so, particular emphasis was placed on rural areas, areas affected by industrial change and regions...

Russia optimistic despite economic downturn
Filip BrokešAfter the spread of coronavirus caused a sudden drop in demand for oil, major oil countries, led by Saudi Arabia, came up with a plan to prevent further fall in prices. However, those plans were hindered by Russia whose...

Russia at a crossroads: growth, stability or stagnation?
Jerzy RutkowskiMany analysts believe that the Russian economy has reached a dead end. The crisis is deepening and experts agree that with the existing internal and external conditions the current growth potential of the Russian economy...

Ukraine’s public finances are stable, but vulnerable
Michał KozakThe Ukrainian central bank’s recently published report on the country’s financial stability provides an overview of the current condition of Ukraine’s economy in a nutshell. The financial standing of households and...

2020 gives a big promise of Japanification
Vedran ObućinaAfter a year of panicky anticipation of a new recession scheduled for 2020 in Europe, on the brink of this fateful year, when only a little more patience had to be tolerated for a new economic drive, the consensus among...

Reduced support from Russia hits Belarus’s unreformed economy
Sergei KuznetsovRussia’s refusal to extend its USD multi-billion energy subsidies to Belarus since the start of this year, as well as its reluctance to retain the previous level of credit support to its neighbor, will likely put Minsk’s...