ECB issues warning to euro hopefuls

Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.

Citing the benchmarks needed to start using the euro, eight of the 10 new members that joined the 25-nation bloc in 2004, are unlikely to join until after 2010, the bank said in its report, prepared with the EU Commission.

Lithuania was not included in the reports since its evaluation took place earlier this year, when