
By Andreas Charalambous, Omiros Pissarides, and Evangelos Tryfonos
Preventive risk management is of paramount importance, as it mitigates potential negative consequences and enhances the long-term stability of an economy. Taking into account the significance of timely identification and assessment of risks for political and strategic decision-making, the Cyprus Economy and Competitiveness Council has conducted the third annual risk assessment survey of the Cypriot economy.
The survey involved 50 executives from