Refile: Italy foreign minister criticises ECB rate hike

Telecom Italia SpA

11/06/2026 16:03

Changes location of minister's remarks, no other change

    ROME, June 11 (Reuters) - Italian Foreign Minister Antonio Tajani on Thursday criticised the European Central Bank for its decision to hike interest rates.
"Raising rates doesn't help anyone," Tajani said on the sidelines of a tourism industry event in Rome. "When inflation is caused by exogenous factors it is best to leave rates unchanged."
The ECB on Thursday raised its key deposit rate to 2.25% from 2%, its first hike since 2023.


 (Reporting by Giselda Vagnoni, writing by Gavin Jones, editing by Alvise Armellini)
 ((gavin.jones@thomsonreuters.com; +39 06 8522 4232;))