Articles in 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.
The Ukrainian central bank: changes in the monetary policy?
In July 2020, the former governor of the Ukrainian central bank NBU Jakiv Smoliy resigned from his position. The new head of the central bank, Kyrylo Shevchenko, has announced the continuation of the monetary policy pursued...
Russia raises funds for social spending
Russia’s state Pension Fund is in a desperate need of additional transfers from state coffers. The Russian government is looking for creative ways to fill the gaps, such as confiscating “suspicious savings”, taxing tax...
Success of business and private aviation companies
In anticipation of the return of more commercial airlines to the European sky, this air gap is filled by private and small business planes whose number of landings and departures with tourists and business travelers is...
The coronavirus will accelerate transformation of the global energy
In 2020, the global energy consumption will decrease by about 6 per cent, and more than 3 million energy industry workers have already lost or will lose their jobs. At the same time new investments are needed to ensure that...
What next for Nord Stream 2?
The recent political events forced the German Chancellor Angela Merkel to face increased political pressure within Germany and within her own Christian Democratic Union (CDU) ruling party — to end her support for the Nord...
The IMF is fighting the crisis caused by COVID-19
As an institution established to support the stability of the world economy, the International Monetary Fund (IMF) is exhibiting a strong commitment to combatting the economic and social consequences of the coronavirus...
The pandemic did not affect the profits of the Ukrainian banks
In spite of the pandemic, the commercial banks operating in Ukraine have achieved sound profits. However, according to the Ukrainian central bank NBU, this may soon change because the conditions for the functioning of the...
Europe points finger at “high-risk countries”
The European Commission composed a list of high-risk third countries which have “strategic deficiencies in their AML regimes”. Entities connected to these countries will have to go through an increased scrutiny before...
Can Europe survive without foreign workers?
The coronavirus shock in the first phase of the crisis caused various types of imbalances in the markets of goods, services, property and labor. Unravelling these imbalances requires time to adjust but some countries don’t...
The coronavirus pandemic as a test for start-ups
After 2019, which was almost record-breaking in terms of the value of VC investments, start-ups have hit a wall due to the lockdown and difficulties in raising capital. However, some of them are actually benefiting from the...