European Central Bank chief welcomes Iran ceasefire agreement as ‘good news’

President of European Central Bank Christine Lagarde addresses the media during a press conference after an ECB governing council meeting in Frankfurt, Germany, Thursday, June 11, 2026. (AP Photo/Michael Probst)
President of European Central Bank Christine Lagarde addresses the media during a press conference after an ECB governing council meeting in Frankfurt, Germany, Thursday, June 11, 2026. (AP Photo/Michael Probst)

European Central Bank President Christine Lagarde says that the ceasefire agreement reached with Iran is “good news,” especially as it could lead to a re-opening of the Strait of Hormuz.

“If this news is confirmed by developments in the coming days and the signing of a memorandum of understanding … it is good news. We can only welcome it,” Lagarde tells France Culture radio.

“We have not yet finished the story,” Lagarde says, adding that “the whole question of uranium enrichment remains to be debated, agreed and concluded in the form of an agreement.”

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