Analysis of Impact of Global Risks of Economic Environment on Economy and Business in EU

Current global economic environment remains under the effects of global crisis, slow economic development, and financial market uncertainly and number of increasing risks. The global environment is changing current business practice resulting in an increased focus on risk and risk management. The aim of this article is to analyze the determinants of midterm and long term global risks and risk factors in business with specific focus on business and financial risks in EU in order to prevent and mitigate risks in global business competition. In the end of article are outline risk profiles of European region through risk reports and methodology of risk indexes for risk prevention.