Middle East Economic Survey
VOL. LIII
No 40
4-Oct-2010
QATAR
Qatar Signs $5Bn Investment MOU With Greece
Qatar and Greece have signed a non-binding memorandum of understanding (MOU) for the investment of up to $5bn in a number of sectors of the debt-ridden Greek economy, including infrastructure and tourism. With Greece experiencing its worst recession in decades, attracting foreign investment is key to reducing government spending to slash its budget deficit, under an EU/IMF bailout...
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