World Cup Dollars

Sooner or later the money will be repaid. The costs of preparing for Euro 2012 is completely out of control. A separate question is how only half the cost of preparing for Euro 2012 may amount to 10 billion dollars, if Greece has spent the entire process of organizing and hosting the Olympic Games only 11 billion dollars, and South Africa – World Cup soccer only $ 4.5 billion? It should be noted that both mentioned activities is much bigger Euro 2012. But the government on all accusations only nods in the direction of their predecessors. The current budget for Euro-2012 laid down 2.25 billion U.S.

dollars. This amount is twice item of expenditure on health and almost equal to the expenditures on education. The total state budget is likely to exceed $ 10 billion Thus, if income is projected to meet, and budget figures – Indeed, the government will need to find another $ 7.2 billion, and it is not considering the needs to pay two tranches of international loans of 25 billion dollars each, the repayment period which falls on time Euro-2012. The government's ability to find time to 57.2 billion dollars seems to be something out of science fiction, especially in a state waste. Therefore, Ukraine is preparing now for the regime austerity, to avoid that is unlikely. It is projected that at Euro 2012 in Ukraine 650 thousand tourists come. At this time Kiev has managed to do only the minimum requirement for the UEFA settlement guests championship, namely 7.5 thousand hotel rooms.