Qatar to invest 300 mln euros in Spanish banks | Reuters: "Qatar will invest 300 million euros in Spanish banks and has discussed other investments with Spain's prime minister, Qatari Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani said on Monday.
The prime minister said the move would be to 'invest in these companies and capitalise them.'
'We have confidence in the Spanish economy; the government has taken many positive steps,' Sheikh Hamad told reporters on Monday.
'In the next 10 days to two weeks there may be some more (investment announcements),' he said, declining to indicate any further specifics on companies or amounts.
He was speaking at a joint conference with Spanish Prime Minister Jose Luis Rodriguez Zapatero. The states signed a memorandum of understanding on the bank investments."
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