About UAH 35 billion (USD 1 - UAH 7.97) has been spent from various sources to finance preparations for the 2012 UEFA European Football Championship, President Viktor Yanukovych told reporters in Kyiv Thursday, UKRINFORM reported.

"This year alone, we have spent about UAH 35 billion for EURO 2012 from different levels of funding. Next year, these investments have to be much shorter, several times smaller than now," Yanukovych stressed.

He also said that Ukraine will be able to host UEFA EURO 2012 at high level, "as a strong, modern country that looks to the future ought to do".

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