Other financial assets, however, have experienced a more volatile environment over the past year. Equity prices, as measured by the JSE all-share index, failed to post any gain over the whole of 2011 despite a recovery in the latter part of the year.
Panayotis Thomopoulos: Great expectations for 2004 - a year of optimism? Speech by Mr Panayotis Thomopoulos, Deputy Governor of the Bank of Greece, at the Economist Conference, Athens, 7 May 2004. *  *  *  I am glad that I can answer the question posed for this session in the affirmative.