1 paris june 8 2004 review of axa s activities in the mediterranean region 2 page 3 table contents market within group business profile 4 strategy 5 companies 6 selected financials for southern europe 7 summary and outlook outline lebanon gulf spain italy portugal morocco turkey a macroeconomic view 57 40 10 30 69 population 03 827 147 253 39 1455italy gross domestic product source oecd preliminary figures million us billion 25 20 14 27 ue gdp per head 0 growth 2003 02 thousands