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Central Bank's Governor says Cyprus should develop a culture of prevention against external risks
CNA - Thalia Neophytou - CYPRUS/Nicosia 12/06/2019 18:25



Governor of the Central Bank of Cyprus Constantinos Herodotou, stressed Wednesday that Cyprus needed to develop a culture of prevention against external uncertainties and risks that could affect the economy.
 
Herodotou in his speech at the Annual General Meeting of the Association of Cyprus Banks (ACB), pointed out that the culture in Cyprus should be changed from reaction to prevention, as he was referring to the current international risks and uncertainties for the economy, such as Brexit and trade protectionist issues. He also noted that the projections for the uncertainties and risks should be taken into account, so that proper planning could be made before conditions outside Cyprus affect the markets.

(CNA)

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