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.
Return of securitization
Vedran ObućinaSecuritization, stigmatized for being one of the main causes of the 2008 financial crisis, is in practice becoming an increasingly enticing mechanism for reviving assets and creating new ones. The establishment of a clear...
Belarus loses access to multinational funding
Sergei KuznetsovThe political turmoil in Belarus has closed the government’s access to loans from western multinational lenders, and made new borrowing on the international debt market extremely expensive. Moreover, from now onwards,...
Recalibration of Russia’s corporate landscape
Filip BrokešRussia’s major corporations have been reporting decimated profits due to the COVID-19. Companies in the natural resources sector, the cornerstone of the country’s economy, have gone through difficult times. On the other...
The today’s collapse of foreign trade vs. the financial crisis
Jan BaranThe COVID-19 pandemic has caused a deep decline in a foreign trade turnover. Although data on the scale of this collapse are still being collected, forecasts suggest that the decline in the volume of world trade will...
LNG is becoming increasingly important for Poland and Europe
Wojciech MroczekAcross the world there has been a significant increase in demand for liquefied natural gas (LNG). The infrastructure for LNG exports and imports is being expanded. The new possibilities for gas imports are particularly...
In pandemic banks need to change their business models
Olga SzczepańskaThe standing of banks affects the real sector of the economy and the situation in the economy determines the functioning of banks. Their lending and financial plans for the next year, as well as medium-term strategies,...
Poland’s housing market rises, as do bubble fears
Jo HarperPoland has seen the second highest increases in residential property prices in the EU in 2020. Despite the fact that prices slowed due to the coronavirus, the average price of apartments on the secondary market in the Q2...
CSE Private Equity continues upward path
Jo HarperAccording to the report, “Central and Eastern Europe PE Statistics 2019,” total PE and VC investment in the Central and Southeast Europe (CSE) region reached its second highest annual result to date in value terms at...
A V-shaped recovery is possible, at least for the time being
Marek Pielach“Companies surveyed about this issue suggest that in its first stage the rebound could even be V-shaped, as we don’t see any damage to the supply side of the economy” – says Piotr Boguszewski, PhD, who is responsible...
The history of the Bank of England
Paweł KowalewskiSo far, no one had the courage to take a look at the times when the United Kingdom was trying to find its place in the post-imperial era, because of the difficulty of this task. Finally, however, it was taken on by Professor...