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.
Five years of the banking union
Anna DobrzańskaThe establishment of the banking union in the Eurozone means that banks are operating in a single regulatory environment, which is important especially in the case of cross-border banking groups. However, the banking union...
Russia at a crossroads: growth, stability or stagnation?
Jerzy RutkowskiMany analysts believe that the Russian economy has reached a dead end. The crisis is deepening and experts agree that with the existing internal and external conditions the current growth potential of the Russian economy...
Warsaw’s Asian assets
Jo HarperWith Poland growing at a rate of over 4 per cent, while its neighbors show tepid growth, Asians have been eyeing investments with South Koreans leading the way in Warsaw real estate. But Poland has another Asian partner on...
Ukraine’s public finances are stable, but vulnerable
Michał KozakThe Ukrainian central bank’s recently published report on the country’s financial stability provides an overview of the current condition of Ukraine’s economy in a nutshell. The financial standing of households and...
A portrait of the Polish retail financial services
Piotr RosikThe growing role of the Polish retail financial services, both for the providers and for customers, has been even too evident in recent years. There is a lot going on this market: fintechs are emerging, banks are...
Hungary should soon have Russian gas via TurkStream
Jo HarperDeliveries of Russian gas to Hungary through the TurkStream could start late 2021 or early 2022, state secretary for energy at the Ministry of Innovation and Technology, Péter Kaderják, said. The project creates a "third...
2020 gives a big promise of Japanification
Vedran ObućinaAfter a year of panicky anticipation of a new recession scheduled for 2020 in Europe, on the brink of this fateful year, when only a little more patience had to be tolerated for a new economic drive, the consensus among...
Corruption in Southeast Europe increases
Jan MuśThe most recent Corruption Perception Index of Transparency International shows some disquieting facts concerning the Southeast Europe. Doing business there requires a different perspective on corruption and nepotism, which,...
Reduced support from Russia hits Belarus’s unreformed economy
Sergei KuznetsovRussia’s refusal to extend its USD multi-billion energy subsidies to Belarus since the start of this year, as well as its reluctance to retain the previous level of credit support to its neighbor, will likely put Minsk’s...
Criminal waste
Jo HarperThree British waste disposal companies have been under investigation by the UK's Environment Agency (EA) for sending 1,000 tons of falsely labelled recyclable waste to Poland and there are likely many more cases to come.