Greece is trying to secure more than $7bn of investment from the Gulf state of Qatar in real estate, energy and tourism to help turn around its recession-hit economy.
A memorandum of understanding signed in New York on Thursday by George Papandreou, the prime minister, and Sheikh Hamad bin Khalifa al Thani, emir of Qatar, “shows that Greece is a place that can attract credible investors” An Athens official said.
“We don’t want to raise expectations, there’s still a lot of work to be done…But this agreement boosts our confidence,” the official said.
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