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.
How much is the central bank’s guarantee worth?
During 2019, there was a significant change in the monetary policy of central banks in the United States and the Eurozone. As monetary policy strongly influences economic developments, this has caused a significant change in...
Ukrainian economic migrants caught in the COVID-19 trap
According to official data, during the first month of the pandemic approximately 400K economic migrants returned to Ukraine. The biggest group of Ukrainian migrant workers, reaching 180K, came back from Poland.
Listed companies are not ready for the Green Deal
Very few Polish companies have implemented climate policies. The situation may change, however, once the new EU financial tools and reporting obligations are introduced. In spite of the pandemic, there have never been more...
Malta’s opaque financial system
In the OECD report on countries’ compliance with international tax standards Malta was downgraded from “largely compliant” to “partially compliant”, making the island country the least cooperative EU member state...
Russian hydrogen energy waiting in the wings
There are some who believe that the Nord Stream 2 pipeline won't be used for natural gas in the near future, instead becoming instrumental in the production of hydrogen. Russian and German companies have a plan to build a...
Automatic financial advice is knocking at our doors
After the financial crisis we saw a rapid development of automated financial advisory platforms (known as robo-advice). The question now arises whether these services constitute a threat to traditional, financial advisory...
NBP has injected PLN158bn into Poland’s banking system
“In the period from March 16th to the end of September NBP injected PLN158bn (approx. EUR 35bn) into the Polish banking system. This corresponds to approximately 7 per cent of Poland’s GDP – said Adam Glapiński, the...
The pandemic will not change consumers behavior
“The pandemic did not cause any big changes in consumers behavior. The crisis will not significantly affect the saving habits of Poles either” – said Professor Dominika Maison, Dean of the Department of Psychology at...
Banks are not playing too safe when granting credits
In a sample of over 700 firms analyzed in July and August 2020, refusal to grant a loan was very rare and only affected few per cent of respondents. In particular, incidences of refusal to finance a good investment project...
Growth of eCommerce in Poland and new challenges
The structure of the retail market in Poland has changed significantly in the wake of the changing preferences of customers. It has become markedly concentrated. The eCommerce market has thrived. The COVID-19 pandemic is set...