Ukraine has spent over 5 billion dollar on the organization of Euro 2012, and only 1 billion dollar has been returned, the Vice Prime Minister Borys Kolesnikov said in his interview to the Italian edition "Il Sole 24 Ore", as ForUm reports.

He noted that near 1.8 million tourists visited the European Championship according to preliminary calculations.

"Taking into account that one person spent an average of 400 dollars plus other miscellaneous income during his stay in Ukraine, currently we can say that the event has returned the costs in the amount of one billion dollar," Kolesnikov said.

He also assured that the information about the investment of 6.5 billion dollar to the championship is exaggerated. "The total cost has amounted about 5 billion dollar," the Vice Prime Minister said.

"Most funds were spent for the road construction. From 800 to 850 million dollars were directed to the construction of stadiums. Two of them were built from the ground up, but reconstruction of the stadium in Kiev required the biggest expenses," he said.

"Also we have built four airports for 18 months that meets the highest international standards. In Kiev we have completed the construction of take-off runway and new terminal," Kolesnikov said.

According to him, 50 million euro was "focused on operating costs including interpreters and staff training."

Kolesnikov also said that, according to estimates, 700 thousand tickets to the matches were sold. "In fact, all available tickets were sold. In addition, 1,500 tickets were handed over to the sponsors, but it didn’t depend on us," he said.


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