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September 25th, 2010
Qatar Eyes $5bn Investment in Greece

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ARAB NEWS – Greece and Qatar have signed a framework deal that paves the way for the Gulf emirate to invest $5 billion in tourism, infrastructure and other areas of the debt-ridden economy, Greek officials said on Friday.  Wooing foreign investment is key for debt-laden Greece, which is battling its worst recession in decades as it clamps down on state spending to slash its budget deficit under an EU/IMF bailout agreement. Read More