You're reading: The Financial Times: Ukraine’s orange era gone bitter

The shimmering Donbass Arena, like a flying saucer parked amid the coalmines and steelworks of industrial east Ukraine, presents exactly the modern image the country hopes to convey as it co-hosts the Euro 2012 football championships with Poland, starting on Friday. The $400m stadium in Donetsk – the city where Viktor Yanukovich, Ukraine’s president, was once regional governor – is gearing up to host England, France and the Ukrainian team itself.

Read the full story here