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.
How will coronavirus affect European economy?
Vedran ObućinaBeijing-based Global Times and some Western media have called the coronavirus a "black swan" — a completely unexpected phenomenon that will cause great damage to the Chinese and world economy. If the epidemic spread around...
The rise of the Russian Ruble
Filip BrokešAfter the collapse of oil price and imposition of international sanctions 5 years ago, the Russian RUB hit the rock bottom. Since December 2014, the Russian currency has seemed to be caught in a never ending downward spiral,...
The US threatened Europe with tariffs, and everyone in Davos praised Asia
Marek PielachThe US Secretary of the Treasury Steven Mnuchin suggested in Davos that imposing a digital tax in Europe may result in customs duties imposed on European cars. In addition, the future of Asia was discussed as well as the...
Who is in charge of macroprudential policy in the EU?
Anna DobrzańskaThe global financial crisis was the catalyst for regulatory change in several areas of financial system. One of the reforms was to introduce macroprudential policy as necessarily complementing the existing microprudential...
The world will grow slower and climate change have an impact on economy
Milena KabzaClimate change was one of the major topics during this year World Economic Forum in Davos with Greta Thunberg on one side and the US President Donald Trump on the other. Meanwhile, the IMF says a slowdown in global economy...
Poland will succeed if Poles keep doing their part
Jan CipiurThe profits of three German automotive companies — Volkswagen, BMW and Mercedes-Benz — are higher than the profits of the entire Polish processing industry. So, the idea that Poland could quickly catch up with Germany...
Ukraine: between ambitious plans and the harsh reality
Michał KozakThe Ukrainian government has presented a strategy of economic development for the next five years, which assumes rapid GDP growth. However, if this plan is successfully implemented, then a significant part of state revenues...
Immigration policies should also reflect the public opinion
Sebastian StodolakThe European migration crisis of 2015-2016 is now a thing of the past. But Europe needs immigration policies. “We need to take into consideration the values and beliefs of the EU nations,” says Michael C. Burda, an...
Serbian authorities presented Serbia 2025 Program
Vedran ObućinaBy the end of December 2019, Serbian President Aleksandar Vučić and Prime Minister Ana Brnabić presented the Serbia 2025 program, which contains a plan of investment projects for the development of the country over the...
The new Ukrainian labor code may result in another wave of emigration
Michał KozakUkraine is preparing for a radical overhaul of the labor code. According to experts, the changes will cause a new wave of emigration, and Ukraine is already suffering from labor shortages and will not be able to cope without...