
Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC).
The CBC published its 2024 Financial Stability Report (FSR) on Wednesday, highlighting several medium-term threats to the Cypriot financial system.
These include global uncertainty, inflationary pressures, and the impact of climate change and cyber risk on financial institutions.
In a press conference held at the CBC’s headquarters