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.
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...
Ukraine dreams about flying
After years of limited interest, there has been a spike in foreign orders for freight transport services using the world’s largest cargo aircraft, Antonov An-225 Mriya. As a result, Ukraine has started seriously thinking...
The winners and losers of the coronavirus crisis
The production of integrated circuits, software and pharmaceuticals is among the sectors whose financial market valuations are currently the highest. Meanwhile, the market valuations of banks, financial firms, and the energy...
Return of securitization
Securitization, stigmatized for being one of the main causes of the 2008 financial crisis, is in practice becoming an increasingly enticing mechanism for reviving assets and creating new ones. The establishment of a clear...
Belarus loses access to multinational funding
The political turmoil in Belarus has closed the government’s access to loans from western multinational lenders, and made new borrowing on the international debt market extremely expensive. Moreover, from now onwards,...
Recalibration of Russia’s corporate landscape
Russia’s major corporations have been reporting decimated profits due to the COVID-19. Companies in the natural resources sector, the cornerstone of the country’s economy, have gone through difficult times. On the other...