Some E Europe states may need longer in ERM2-Noyer

UK - European Central Bank vice-president Christian Noyer reiterated on Friday it could be desirable for some eastern European accession states to remain in the European exchange rate mechanism (ERM-II) for longer than the minimum requirement of two years before joining the euro.

"Most accession countries have also signalled their intention to adopt the euro as soon as possible, namely after two years of ERM-II membership," Noyer said in a speech to a London conference on enlargement of the Eu

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