Noyer says Europe may experience sustained growth

European Central Bank governing council member Christian Noyer said on Wednesday 16 May that Europe could be experiencing a period of sustained, stable growth.

But benign conditions in global markets could be reversed, and imbalances were still building up despite some signs of moderation, Noyer told a French-Indian financial forum in Mumbai.

"We might be witnessing in Europe a period of sustained and stable growth, at least if current projections and surveys are proven to be right in the comin