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.
Budapest has the highest ROI in real estate in the EU
Jo HarperFavorable economic indicators had a positive impact on investment in 2019 in the office, industrial and hotel development markets in Hungary, according to Lóránt Kibédi Varga, managing director of CBRE Hungary. Investment...
Troubles with golden visas
Vedran ObućinaCountries trying to attract investors have developed Citizenship by Investment Programs (CIP) and Golden Visa programs for foreign investors. These are programs under which states offer citizenship and passports to real...
Will the bond flood the Ukrainian economy?
Michał KozakEconomists in Ukraine warn that a “financial pyramid” based on government bonds posing a threat to the economy stands behind the positive macroeconomic indicators. Its adverse effects can already be felt.
Future of Nord Stream2 gas pipeline
Jo HarperWill it, won’t it? The future of the Nord Stream 2 gas pipeline linking Russia and Germany is almost upon us and it’s still no clearer where we are. Poland hopes that the US sanctions will delay the project but is aware...
Banks in the age of digitization
Mirosław CiesielskiA large percentage of banks will have to face the threats resulting from the dynamic processes of digitization in conditions of a global economic crisis. This will force them to transform their traditional business models.
Working from home — an emergency solution or a new standard?
Obserwator FinansowyRemote working was a sign of the age of universal internet and social media. In the USA, the number of people working remotely has increased by 159 per cent in the recent 15 years. However, no one expected that remote work...
Will the “Estonian tax” be introduced in Poland?
Jan CipiurThere’s been a lot of buzz about the so-called Estonian tax. The authorities even announced that it could be introduced for SMEs in Poland. This tax is not a novel idea, it's merely a slightly different version of a fiscal...
Tourism is the first to suffer
Jan CipiurThe case is simple. No traffic, no money. Sooner or later it will turn out how much money is missing, and then it is going to be even worse. Epidemics and pandemics have a very bad effect on humankind, and most of all on...
Polish economy braces as virus effect take hold
Jo HarperFitch expects Poland’s economic growth to ease to 1.8 per cent in 2020 from a previous forecast of 3.3 per cent. A V-shaped recovery should follow in 2021, however, with the economy expanding 3.2 per cent driven by...
Trajectories of oil price crush
Vedran ObućinaOn Easter, representatives of oil-producing countries (OPEC+) have reached an agreement on limiting production. Before the official confirmation the price of oil jumped up but later fell again and on April 14th, both the US...