ECB's Lagarde welcomes Iran ceasefire agreement as 'good news'

Source Summary

PARIS, June 15 (Reuters) - European Central Bank President Christine Lagarde said on Monday that the ceasefire agreement reached with Iran was "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 told France Culture radio.