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Ukraine spends many-fold less than Poland for Euro-2012.

The tournament’s co-host, Poland, has spent 34 billion dollars worth of direct expenditures

KIEV, May 30 (Itar-Tass) — Ukraine has spent 3.66 billion dollars for the Euro-2012 preparations, Boris Kolesnikov, the vice-premier and infrastructure minister, said at a meeting of a committee responsible for organizing the 2012 European Football Championship on Wednesday.

“This includes airports, stadiums, roads and all state programs implemented as part of the big Euro-2012 project. These expenses are linked directly to preparations made by our country,” he explained.

Kolesnikov emphasized that operational costs spent on the tournament’s management stood at 52.3 million dollars. Foreign and Ukrainian agencies predict that Ukraine’s proceeds from the championship will reach 1.5 billion euros.

The tournament’s co-host, Poland, has spent 34 billion dollars worth of direct expenditures, Kolesnikov said.