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Greece & Qatar Plan to Sign Cooperation Memorandum

Prime Minister Papandreou is expected to sign a cooperation memorandum with the Qatar government.  The memorandum will ammount to 5 billion euros with Emir of Qatar Khalifa al-Thani. The memorandum regards Qatar Investment Authority’s (QIA) plans involved in the fields of energy, tourism, real estate and hotels.
Left wing parties strongly reacted to the memorandum as reports say that the agreement provides for investments in the site of former Hellinikon Airport.
“The government’s plans for the building of casinos, marinas, luxury hotel complexes and private airports at Hellinikon area have no relation to the needs and problems of Attica residents” said the GCP.  It stressed that the memorandum is a typical example that investments in so called green development secure spectacular profits for international and domestic monopoly groups.
“We could not believe in articles writing that Mr. Papandreou signs a Cooperation Memorandum with Qatar to turn Hellenikon into an Arabian “Las Vegas”, stressed SYRIZA .  SYRIZA raised a question in the Parliament speaking of: “unacceptable sale out of state land and wealth actually under fully intransparent procedures”.
In response to a relevant question, government spokesman George Petalotis stressed: “it is too early to speak about investments “.  He clarified that both sides will try to cooperate in several levels and apparently also in developmental levels .
He also said that voting with “fast track” methods; predicting that it would soon be passed, is the most significant tool to overcome difficulties that averted attraction of investments.
(source: ert)

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