The Cabinet of Ministers of Ukraine has tripled the financing for the reconstruction of the Sports hotel, raising it by Hr 63.514 million, to Hr 101.214 million.
The government has made corresponding amendments to the State Target Program of preparations for the UEFA Euro 2012 European Football Championship, with its order No. 1034 of October 10, 2011.
In particular, the government reduced the financing of these works by Hr 5.6 million, to Hr 20.8 million in 2011, while increasing financing by Hr 69.114 million, to Hr 80.414 million in 2012.
The funds for the carrying out of work on the hotel’s reconstruction, as earlier, are to come from another sources of financing.
The overall estimated cost of hosting the UEFA Euro 2012 European Football Championship has now grown to Hr 114.8 billion.
