Poland set to join ERM II in 2009, says Skrzypek

Slawomir Skrzypek, the governor of the National Bank of Poland, said the country looked likely to join the pre-euro exchange rate mechanism, ERM II, in 2009.

According to Thomson Financial, Skrzypek told reporters: "If the decision on entering the exchange rate mechanism would be taken at the turn of 2008 to 2009, then 2009 is the most likely year to start the process."

Estonia, Lithuania and Slovenia took the plunge in joining the ERM II in 2004, with Slovenia so far the only one to graduate

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