Saturday, 1 October 2011

Greek PM welcomes Qatar investments | Reuters

Investments from Qatar in Greece show trust in the debt-choked country's economy, Prime Minister George Papandreou said on Saturday after meeting Qatar's Emir Sheikh Hamad bin Khalifa al-Thani.

A senior official at Greek building firm Ellaktor (HELr.AT) told Reuters on Saturday that Qatar Holdings had signed a deal to buy a 10 percent stake in London-based European Goldfields from Ellaktor and will invest another $600 million in the mining company.

Speaking to reporters after the meeting with the emir, Papandreou did not mention any specific deals.

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