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May 24th, 2007
European risk managers see breakdown of critical information infrastructure, crime and corruption, liability regimes, terrorism, and catastrophic floods as the most significant global risks, according to a survey by the Federation of European Risk Management Associations (Ferma), Brussels, Belgium.
The survey represents the views of 39 risk managers and other professionals from 12 national associations who responded to the questions about core global risks.
The second most important group of core risks, according to the survey, is energy price and supply shocks, catastrophic windstorm and earthquake, and pandemics. A third group of risks covers climate change, war, loss of freshwater services and nanotechnology.
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