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.
What is China doing in Belarus?
Belarus became an important country for the European Union, and most of all, for Germany and France. It has always been important for Russia. In recent years, however, the group of countries interested in Belarus was joined...
Effects of the lockdown on economies of Western Balkans
The World Bank has warned that the COVID-19 pandemic will have "severe consequences" for the economies of the Western Balkans and that recovery will depend on measures taken by the authorities.
Challenges for economic policy associated with the coronavirus crisis
The crisis caused by the pandemic and the necessity of introducing a lockdown, have mobilized governments to launch anti-crisis packages. Regardless of the differences between the individual economies, they all share a...
Apple’s tax scheme deemed legal
The EU’s General Court overturned a European Commission (EC) decision that Apple have to pay back EUR14.3bn in taxes to Ireland. The EC now has two months to launch an appeal. The battle between the UE and multinational...
Will Poland gain after the relocation of production from China?
Poland could gain more than USD8bn per year thanks to the relocation of some of the production operations from China to other countries, according to a report Trade routes after the COVID-19 pandemic” by the Polish...
The European Union will not skimp on combating the crisis
The European Commission (EC) prepared an economic reconstruction fund. On top of the EUR500bn in grants, the EC have added the EUR250bn in loans. This means that the total value of the fund will reach EUR750bn, which is a...
Croatia got the green light from the EC to join the ERM II
The Croatian government plans to make another step towards joining the Eurozone in the second half of 2020, following few exercises recently carried out by the European Central Bank and the relevant Croatian authorities.
The Ukrainian central bank’s reserves grew rapidly
The Ukrainian central bank (NBU) announced that its reserves had reached a record level. In February, it forecast that they could rise up to the USD32bn by the end of 2022. But the pandemic raises a question whether the NBU...
An unprecedented crisis and an unprecedented policy response
In contrast to the global financial crisis, the objective of the current rescue measures is to support the enterprise sector. However, in the event of a protracted pandemic emergency the effects of the economic downturn will...
Recessions can be alleviated, but we need to act quickly
The history of economics does not provide any knowledge about crises like the one we are going through now. But it can teach us how to act quickly and decisively, says Professor Todd Knoop, macroeconomist at the Cornell...