You're reading: Kolesnikov to ‘tame appetite’ of Ukrainian hotel owners

Ukrainian Vice Premier and Infrastructure Minister Borys Kolesnikov has stated that there are mechanisms to "tame the appetite" of Ukrainian hotels.

The minister said this in Lviv on Wednesday while commenting on statements by UEFA representatives, according to which Ukrainian hotels are overpricing rooms ahead of the Euro 2012 European Football Championship.

"We wanted the best, we cancelled income tax for hotels for ten years and received such a response. I said once that greediness gives birth to poverty. I think there are mechanisms, including value added tax, to tame their appetites," the vice premier said.