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You're reading: The great Euro 2012 scam

For the first time ever, the biggest European championship is co-hosted by a former Soviet state. It is the grandest possible event for an army of fans. But the problem is that this three-week festival of football was unwittingly paid for by the fans themselves and the rest of Ukraine’s citizens, including those who have no interest in football.

We all paid the same way as when we get into crowded public transport and come out without a wallet. Except in the case of Euro 2012 it wasn’t the tram pickpocket who ran with our cash, but the highest statesmen. As a result, every Ukrainian has lost nearly Hr 2,000.

The original concept for Euro 2012 preparations created by Yulia Tymoshenko’s government envisaged that the lion’s share of financing would come from private investors, including foreign ones.According to the first draft of the state preparation program for the championship, the state budget had to set aside only about Hr 18 billion ($2.25 billion) for it.

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