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Luis de Guindos, vice-president of the European Central Bank, has confirmed that he has a Covid-19 and is set aside for a major financial meeting before Thursday to decide how many bonds next year.
The ECB announced Sunday evening that de Guindos had tested positive for the virus despite receiving two vaccinations, adding that he had “not met” with the president of the central bank, Christine Lagarde, “last week”.
De Guindos often appears alongside Lagarde to broadcast their press conference after ECB governing body meetings. The ECB will work at home “until further notice, and there will be no further financial meetings this week”.
A bank from Frankfurt said de Guindos’ signals were “very low” and notified anyone he contacted recently.
It had already been decided that this week’s council meeting would be similar, with coronavirus in Germany rising to the point in recent weeks.
Employees at the ECB were told to work from home if possible until March, following German law and a council meeting two weeks ago to discuss the upcoming event took place almost immediately.
On Thursday, Lagarde is expected to begin repaying ECB incentives by announcing that the € 1.85tn procurement plan launched by the epidemic will halt purchases in March.
Several western central banks, including the US Federal Reserve and the Bank of England, have said they are closing their purchases due to rising inflation. But the ECB is expected to expand and continue the old procurement program until the end of next year.
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