Polish c bank says early euro benefit to E Europe

- Central Banking staff
- 25 Feb 2002

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POLAND - The early adoption of the euro by European Union accession countries will reduce economic turbulence in those nations and will not damage confidence in the single currency, Polish central bank governor Leszek Balcerowicz said on Monday.

Under current rules 10 countries which are lining up for EU membership, some as early as 2004, will have to join the union and then spend at least two years in a second version of the European Exchange Rate Mechanism (ERM2) while assessments are made as

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