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Ukraine Hopes To Make $1.5 Billion Euro 2012 Profit


Ukraine's newly opened terminal at Boryspil International Airport in Kyiv decorated for the championship.
Ukraine's newly opened terminal at Boryspil International Airport in Kyiv decorated for the championship.
Ukrainian officials say their country could make up to $1.5 billion in profit during the Euro 2012 football championship, which runs from June 8 to July 1.

Ukraine is co-hosting the championship with neighboring Poland.

Ukrainian Infrastructure Minister Boris Kolesnikov told local media that authorities want Ukrainian businesses -- including restaurants, cafes, and hotels -- in Ukraine's host cities to start operating at full capacity.

Kolesnikov said the Euro 2012 will be a "very good promotion" for Ukraine, which he said Ukraine invested some $5 billion in hotels and infrastructure.

The 16-country tournament will take place in four Ukrainian cities -- Kyiv, Lviv, Donetsk, and Kharkiv, and four Polish cities -- Warsaw, Gdansk, Wroclaw, and Poznan.

Based on reporting by dpa, tsn.ua, and correspondent.net

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