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Ukraine spent $ 5 billion for Euro 2012 

Ukraine spent $ 5 billion for Euro 2012

5.07.2012

The cost of conducting and organizing Euro 2012 were $ 5 billion, said today at a press conference in Moscow, Ambassador Extraordinary and Plenipotentiary of Ukraine in the Russian Federation Vladimir Elchenko.

"Ukraine spent about $ 4 billion for the upcoming European Championships. Private investors and UEFA funded the Ukrainian part of European Championship in the amount of $ 1 billion. We are waiting for a very important event to which we walked more than 5 years. According to the analysis of some experts, no other country in the world has failed in so short a time to build so many sports arenas and facilities infrastructure. Four new stadiums, five new airports, many modern road from Lviv to Donetsk. Over the past year and a half have opened many new hotels. As to profits, we expect estimates of around 1.5 billion euros, "said Elchenko.

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