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Poles Apart: TGE has Created its Own Space in the Energy Market

Towarowa Giełda Energii (TGE) is a key institution in the Polish energy landscape. CFI talks with chief executive PIOTR ZAWISTOWSKI. For more than two decades, TGE has been implementing innovative wholesale trading solutions focusing on energy products. It has become

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IFC: Ukrainian Refugees Access Finance via New Digital Data Corridors

Virtual channels among international financial institutions help refugees verify credit histories and re-establish their careers in host countries As a psychologist, speech therapist, and owner of a therapy practice in Ukraine, Maryna Usenko helped children find their voice. But after

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Unfriending Europe: President Putin Turns the Screw

This is perhaps not the time to tell the Germans ‘told you so’ as the nation deals with the fallout of the now disproved premises of its unfortunate energy policy. Not only has Germany’s dependency on Russian natural gas turned

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In Search of Lost Time: Mapping the Chip on Russia’s Shoulder

Before the shooting starts anew, let’s mention the war. Not the war we know, but the one that lives on in the often-indecipherable psyche of Russia, laced as it is with nostalgia and wounded pride. Widely recognized in the West

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Piotr Zawistowski, TGE – 20 Years of Safe Trading: Trading – Guaranteeing – Educating

Creating an exchange-traded energy market in Poland was not a trivial task but Towarowa Giełda Energii (TGE) has been successful, which is demonstrated, among other things, by the fact that today market prices are set in a transparent manner. The

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Investing for the Long-term: Gold as a Pillar of NBP’s Reserve Management Strategy

Central banking is typically associated with conducting monetary policy. But central banks have also other important roles, one of which is holding and managing foreign exchange reserves. Indeed, as stipulated in the Act on Narodowy Bank Polski – Poland’s central

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Poland Closes the Gap and Calms Covid Jitters with a Bold Programme of Reform

The pandemic has brought an end to its 30 years of GDP growth for Poland — but this should be seen as an interruption rather than a break. Poland does it again. Since Solidarity brought the end of communist control,

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CFI.co Has Awarded Best Central Bank Governance Europe 2021

Narodowy Bank Polski (National Bank of Poland, NBP) started its operation in 1945. Narodowy Bank Polski is the central bank of the Republic of Poland. Its tasks are stipulated in the Constitution of the Republic of Poland, the Act on

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World Bank: Pandemic Recovery is an Opportunity to Step Up Climate Change Action in Europe and Central Asia

2021 needs to be the year that climate change urgency truly entered the collective consciousness and lasting action followed. In the same way the effects of climate damage are often described as irreversible, so too is the movement calling for

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Orban on Orbán: Cease and Desist, Your Position Is Untenable

Europe’s other ‘Orban’ sounds much more reasonable than the vociferous original one. Prime Minister Ludovic Orban of Romania yesterday chastised his Hungarian namesake for refusing to respect the founding principles of the European Union: “Saying that you don’t agree to

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