Ukraine's leading English-language newspaper since 1995

www.fifaukraine.pp.net.ua Kyiv, November 25 – The economic crisis has not impacted the allocation of funds from the local and regional budgets to prepare for the finals of the Euro 2012 European Football Championship, according to the first deputy head of the Kyiv city administration, Anatoliy Holubchenko.

"Euro 2012 is being fully financed both from the city and national budgets," he said at a press conference in Kyiv on Tuesday.

He said that investors had "found themselves in a very difficult situation."

"I think this is a problem not only for Kyiv, but also for all host cities, including those in Poland," Holubchenko said.