Presentation (correction slide 18) - Dexia.com
Presentation (correction slide 18) - Dexia.com
Presentation (correction slide 18) - Dexia.com
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Economic scenario: Slow recovery in Europe while<br />
dynamic growth in Turkey<br />
GDP growth (%) Interest rates (%)<br />
Europe US Turkey<br />
Exchange rates<br />
Inflation rate (%)<br />
Equity indices<br />
2.0<br />
8%<br />
10%<br />
1.5<br />
6<br />
8<br />
1.0<br />
0.5<br />
0.0<br />
EUR vs. USD<br />
EUR vs. TRY<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
4<br />
2<br />
0<br />
Europe US Turkey<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
6<br />
4<br />
2<br />
0<br />
S&P 500<br />
Average annual indice growth 2010-2014<br />
16<br />
Source: <strong>Dexia</strong> Research, DenizBank
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