ECB Restricts All Non-Essential Staff Travel Amid Coronavirus

  • Trips by Executive Board, employees restricted until April 20
  • Conferences postponed, except monetary policy press briefing

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The European Central Bank has restricted all non-essential travel by members of its Executive Board and staff and canceled conferences and visits amid the coronavirus outbreak in Europe.

The action comes a day after the International Monetary Fund and World Bank said they would use a “virtual format” to convene their spring meetings scheduled for mid-April in Washington on concern about the spread of the disease. Numerous companies and institutions have been forced to address health safety risks, and the ECB faces a particular challenge as its decision makers come from 19 different countries.