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.
State-controlled companies agreed to invest EUR600m in Polish Mining Group
Jo HarperSix state-controlled companies - including the energy ones: PGE and Energa - have agreed to invest in a newly established state-owned coal mining group, PGG (Polish Mining Group).
The NBP Economic Institute: Inflation will take longer to return to target
Marek PielachInflation in Poland should reach 1.5 per cent in the Q3’2017, i.e. the lower band of deviation from the 2.5 per cent inflation target.
The ECB will pay for borrowing money
Paweł KowalewskiThe unconventional monetary policy of the European Central Bank is failing to produce the expected result, i.e. an acceleration of economic growth in the euro area.
Polish banks in rude health?
Jo HarperChief of Poland’s financial regulatory (KNF), Andrzej Jakubiak, recently sought to head off concerns that the Polish banking sector is facing rocky times ahead, saying that the system was “stable and money held in Polish...
Full of Plans without Numbers? – a Blueprint for the Capital Market in Romania
Tom HashimotoThe Bucharest Stock Exchange (BSE/BVB) is on the way to be classified as an ‘emerging market’ by the European index provider FTSE Russell – except the market lacks liquidity.
Dispute over tax regime in Ukraine divides business and government
Michał KozakTwo years after overthrowing former president Viktor Yanukovich, there is no worse place in Europe for doing business than Ukraine.
Polish construction industry seen recovering in 2016 after a weak period
Jo HarperThe construction industry in Poland is recovering after a weak performance since 2011, according to a report by Timetric’s Construction Intelligence Centre (CIC).
Danube-Oder-Elbe water corridor project gives way to smaller water canal project on Oder
Jo HarperSupporters of the Danube-Oder-Elbe water corridor, a huge project that appears to have been suspended, are now reportedly mulling a smaller water canal project on the Oder River to would make it navigable from northern...
Budapest Stock Exchange unveils new strategy to boost IPOs by 2020
Jo HarperThe management of the Budapest Stock Exchange (BSE) has accepted a proposed five-year strategic plan for 2016-2020 and is now eyeing 30 state-companies for potential IPOs in the period.
The new Polish bank tax’s side effects
Tomasz Mironczuk, Piotr MielusThe Bank of National Economy (Bank Gospodarstwa Krajowego, BGK) is exempted from the tax, but participates in the creation of the WIBOR. This could disrupt the market.