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 great exodus from Central and Eastern Europe
Krzysztof KutwaThe population of the “new” member states of the European Union has shrunk by as many as 2.1 million people since 2004. During the analyzed period of 16 years, approximately 80.4 million people from the countries of...

IMF: Sustainable GDP growth only after overcoming the pandemic
Marek PielachThe International Monetary Fund in its autumn projections seems to invariably envisage a V-shaped recovery, as it expects global GDP to grow by 5.2 per cent in 2021 following the 4.4 per cent decline in 2020. And yet never...

President of NBP: the banking system is functioning in a stable manner and will continue to do so
Maciej Danielewicz“NBP analyses show that despite the huge scale of the shock during the pandemic, the losses and the uncertainty, the banking system as a whole is functioning and will function in a stable manner,” assured the President...

Russian central bank after (some) dirty money
Filip BrokešBank of Russia, the country’s central bank and key financial regulator, wants to change Russia’s anti-money laundering laws in order to have more decision-making power over which companies can be deemed risky from a...

It is worth knowing more about economics
Obserwator FinansowyPoles want to know more about finance, are aware of the gaps in their economic education and can point out its benefits. These are the findings of a recent study commissioned by NBP.

Assessment of Europe 2020 strategy
Vedran ObućinaBy the end of the 1990s, the EU focused on modern sources of economic growth, which were largely based on investments in R&D and education. The key motives came from the challenges of globalization processes and the new...

The climate in monetary policy
Milena KabzaClimate issues are becoming an important part of the considerations and activities of many central banks, and the European Central Bank (ECB) may soon become the first central bank to take environmental matters into account...

New Czech energy strategy
Filip BrokešThe Czech state-owned energy company ČEZ sold its assets in Romania. There are plans to sell also assets in Bulgaria, Turkey and Poland. The focus will be on the Czech Republic and modernization of the Czech energy...

Let’s not repeat the “panic-then-forget” cycle
Maciej JaszczukThe world is frantically searching for ways to deal with the next wave of infections and to mitigate the economic impact of the pandemic, while also mobilizing resources to produce a vaccine that will allow us to return to a...

Electric vehicles are resistant to the crisis
Jacek KrzemińskiIt could be expected that the economic crisis caused by the pandemic and the drop in oil prices will negatively affect the market of electric vehicles. However, it seems that this will not be the case. Electric vehicles are...