ECB extends hybrid policy allowing staff to work anywhere in EU 90 days a year

A man walks past a giant Euro logo at the visitor centre of the European Central Bank (ECB) headquarters, ahead of an ECB press conference on the Eurozone's monetary policy, in Frankfurt am Main, western Germany, on July 18, 2024. (Credit: KIRILL KUDRYAVTSEV/AFP via Getty Images)

The European Central Bank is extending a hybrid work policy that allows staff to work remotely for about half the year as the world’s second-largest central bank moves to retain talent in the competitive banking sector.

Based in Frankfurt, the central bank will prolong by two years a “teleworking” policy that lets staff work remotely for up to 110 days per year, with up to 90 days anywhere in the EU and a further 20 days outside the EU.