Such actions should help to complement and reinforce the unprecedented monetary policy measures taken by the ECB’s Governing Council in response to the crisis. International responses to the coronavirus shock As national authorities take the necessary steps to fight the pandemic, global cooperation and resource sharing across nations remain vital.
Addressing international trade disruptions, preserving trade openness and assuring the flow of vital medical supplies and other goods and services across borders is of paramount importance in helping to contain the economic fallout from the outbreak. 2/3  BIS central bankers' speeches  Further international efforts will be needed to counter the consequences of the outbreak and spread of the coronavirus.