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Hosting the Euro 2012 may cause losses to Ukraine's economy
It came an opinion, that hosting the Euro 2012 may cause losses to Ukraine's economy in amount of 6-8 bln USD.
The four-year buildup to the Euro 2012 Soccer Championship needs a huge investment. Initially it was planned that the main investors of Euro 2012 will be private companies. But at fact the state invested the major funds in the sports and infrastructure projects for the tournament and now it is clear, that some sport facilities for Euro 2012, such as the Olympic stadium in Kiev will never be recouped.
To prepare for the championship just in
Soccer Championship it was already spent more, than 5 billion 3 million 320 000 hryvnia.Instead of that, that money could be spent on:
- the repairing of children's hospital "Ohmadet" - 900 million hryvna;
- the modernization of metro and train parks - near 1 billion hryvnia;
- youth housing loans - 790 million hryvnia;
other important social projects.
Let us remind you, that the Euro 2012 European Soccer Tournament will be hosted by Ukraine and Poland between June 8 and July 1 next year.