When Sir William Arthur Lewis won the Nobel Prize in economics in 1979, he might have never expected that it will be a Taiwanese company which will make his theory of "the Lewis turning point" famous among many Chinese.

Last October, Lars Christensen, chief analyst and head of emerging markets research at Danske Bank, told news2biz that he considers Estonia's fulfilling the euro convergence criteria by 2011 possible, but immediate adoption of euro rather unlikely. "The big question is not if Estonia would be ready for the euro, but rather if the euro would be ready for Estonia," he said.

The first spring issue of news2biz POLAND was supposed to be completely different. After putting all the stories together Friday evening I skimmed through all of them once again only to marvel at the amount of positive news from the country. A new wave of huge foreign investments, natural resource discoveries, reconciliation with Russia – all of these made for a very positive outlook for the country, which over the last year seems to have finally reached its momentum as a bright spot of hope in the heart of a crisis-stricken Europe.

Uffe Balslev, Danish Ambassador to Estonia

Merli Lindberg, General Manager of Danish-Estonian Chamber of Commerce

Igor Rõtov, CEO of Äripäev

We thought it was about time to update the old website which served its purpose of directing our readers to the business reports, but – let’s be honest – was looking like it came from a different era.

Two decades after the fall of Communism and six years after the country's EU accession, Poland is no more the "Sick Man of Europe." In fact, in comparison with some of the old as well as new EU member states it's beginning to look like an athlete.

It has been a tough year for those of us who write about Scandinavian business in the Baltics. Scandinavian media have been full of reports that explicitly equal the Baltics to bankruptcy. This has been the most marked in Swedish media where the Baltics have been blamed for the tough times that Swedish banks, notably Swedbank and SEB, are going through. Little line space has been devoted to reflections regarding the following: 1) how much money did the Swedish banks make in the Baltics before they started losing money and 2) who made the decisions that lead to the uncontrolled credit-fuelled boom.