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Erste Group: Poland and Ukraine Benefit from Euro 2012

Published: May 26, 2012; 11:35 · (Vindobona)

EURO 2012 investments helped to boost investments in both countries. € 30.2bn invested whereof approx. 90% spent on infrastructure in Poland & Ukraine.

Erste Group: Poland and Ukraine Benefit from Euro 2012 / Picture: © Flickr

Poland and Ukraine have spent € 30.2bn on infrastructure and sports venues in total, resulting in high capital investments growth (9% for Ukraine and 8.5% for Poland) and softening the negative effects of the financial crisis. Roughly a million tourists will come to watch the matches, each staying for an average 3-4 nights and spending around € 800. In addition the host countries…

This article includes a total of 761 words.

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