The European Central Bank will be courageous and will make the decisions needed to bring inflation down to its mid-term goal of 2%, ECB president Christine Lagarde said on Friday.

"We are heading towards more delicate decisions going forward but we will be courageous and we will make the decisions that are needed to bring inflation back to 2%," Lagarde told Spanish state television TVE. (Reporting by Jesús Aguado; additional reporting by Emma Pinedo; editing by Inti Landauro)