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.

BREXIT battle may force Britain to sleepwalk out of the EU
Rumyana VakarelskaThe British Prime Minister David Cameron is struggling to move the debate on BREXIT among the members of his own cabinet ahead of the EU Council in February, a state of affairs that is making him become an opposition in his...

ECB warns Poland over bank tax
Jo HarperECB and Moody’s are warning that Poland’s incoming bank tax threatens the profitability and credit ratings of the country’s lenders.

Bulgaria may be a front-runner for UN’s top job, but time is ticking
Rumyana VakarelskaFor the first time in the history of the United Nations (UN), all member countries will be able to apply for the Secretary General job and Bulgaria has not one, but potentially two suitable candidates.

Polish M&A seen on the up in 2016
Jo HarperPolish M&A will likely continue to spur in the real estate, telcom, IT and health care sectors in 2016.

Open Borders Will Boost Ukrainian Migration
Katarzyna BartmanThe Ukrainian economic migration to Poland and Europe at large is going to continue rising sharply, helped by the European Commission’s recent decision to move towards introducing visa-free travel for Ukrainian citizens.

Confusion reigns as ratings downgraded
Jo HarperStandard & Poor’s surprise move on January 15th to cut Poland’s credit rating one notch from A- to BBB+ and assigning a negative outlook has hurt Polish pride, raised its borrowing costs and hit equities, bonds and...

Polish commercial real estate driven by office sector growth
Jo HarperInvestors are positive about commercial real estate in Central and Eastern Europe, with the Polish office market a preferred destination for investors, followed by the Czech market and Poland’s retail market, according to...

Nervous moves on the Hungarian media market
Zsolt ZsebesiThe Hungarian advertising market is struggling, mainly due to the economic problems and growth of online media. And there is an on-going political fight over the media.

Ukraine enters the EU free trade area
Martyna KośkaPrime Minister Arseniy Yatsenyuk is considering entering the path of a trade war with Russia, as it opposes the trade part of the EU-Ukraine Association Agreement which was initially supposed to become effective a year ago.

Digital semi-illiterates
Piotr ArakFunctional illiteracy and ignorance are the bane of the contemporary labour market, also in the most technologically advanced countries. The issue is neglected in Poland, as no one is really concerned about Poles’ digital...