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Greece, Qatar Sign $5 Billion Investment Memorandum

Qatar signed a memorandum with Greece expressing interest in investing as much as $5 billion in areas of the Greek economy such as tourism and real estate.

Greece and Qatar will look at cooperating on promoting investment projects and opportunities between the Qatar Investment Authority and its affiliates and the Hellenic Republic, according to a copy of the memorandum e-mailed today by Greek Prime Minister George Papandreou’s office.