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.
Challenges for economic policy associated with the coronavirus crisis
The crisis caused by the pandemic and the necessity of introducing a lockdown, have mobilized governments to launch anti-crisis packages. Regardless of the differences between the individual economies, they all share a...
Apple’s tax scheme deemed legal
The EU’s General Court overturned a European Commission (EC) decision that Apple have to pay back EUR14.3bn in taxes to Ireland. The EC now has two months to launch an appeal. The battle between the UE and multinational...
Without water, Ukraine’s economy will wilt
A sandstorm in Kiev, deserts in locations which have been covered with lush grass — this is the harsh reality in Ukraine, which has been affected by the biggest drought in 120 years. Experts are pointing out that...
The US sanctions beckon as Nord Stream 2 gets Danish support
When the Danish Energy Agency (DEA) authorized the use of a Russian ship to lay the final part of the Nord Stream 2 gas pipeline, advocates of the project were delighted. The move allows the pipeline to reach its destination...
Technological (r)evolution in the banking sector
The expenditures on technology by banks are on the rise, although innovation is primarily gradual in nature and mostly focuses on improving the existing systems to include additional processes. The largest banks are...
Will Poland gain after the relocation of production from China?
Poland could gain more than USD8bn per year thanks to the relocation of some of the production operations from China to other countries, according to a report Trade routes after the COVID-19 pandemic” by the Polish...
The European Union will not skimp on combating the crisis
The European Commission (EC) prepared an economic reconstruction fund. On top of the EUR500bn in grants, the EC have added the EUR250bn in loans. This means that the total value of the fund will reach EUR750bn, which is a...
Climate change policies will be cheaper
One of the first economic effects of the coronavirus pandemic was a sharp decline in the prices of carbon dioxide emissions allowances. This is great news for Poland, because lower prices will allow Poland’s economy to...
The pandemic may result in the food shortages
It is becoming increasingly clear that in the H2’20 there will be a significant shortage of agricultural products on the world market due to broken supply chains. Prices are expected to rise in the summer or autumn, but...
Poland’s real estate market gets boost
Poland’s property market is still growing. The total value of transactions amounted to EUR7.8bn in 2019 as compared to EUR7.2bn in 2018, according to an investment report. The rapid growth of eCommerce heavily impacts...