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Ukraine spends $5 billion on Euro 2012 infrastructure

The large infrastructural investments assisted financial and economic stabilization of Ukraine and created new jobs

KIEV, June 17 (Itar-Tass) —— Forty billion hryvni ($5 billion) were invested in the Euro 2012 infrastructure in Ukraine since 2010, Ukrainian Prime Minister Nikolai Azarov told the Kharkov state regional television on Sunday.

“We invested a colossal sum of 40 billion hryvni within two years, which was more than the country’s total investments in the infrastructure within two decades,” he said.

The large infrastructural investments assisted financial and economic stabilization of Ukraine and created new jobs, the premier said.

Vice-Premier, Infrastructure Minister Boris Kolesnikov said earlier that Ukraine had spent $5 billion on Euro 2012, while Polish investments reached $34 billion.