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Tag Archives: crisis

In mid 2007, Poland was abuzz after receiving co-hosting rights with Ukraine for the Euro 2012 football championship. A year from the event, the country is biting its nails with key infrastructure yet to be completed. As May came to an end, a storm drew over the Polish capital, Warsaw, and it became evident that the roof at its brand new national football stadium – built ahead of the 2012 European Championship – was not entirely waterproof. Shortly beforehand, it had become known that the staircases at the stadium were […]

The cities in which private investors took the challenge to arrange the championships are favorites to get the right of organizing Euro 2012 in Ukraine. Such opinion was given by Ukrainian experts taking part in the round table meeting In Kijow on Tuesday, which aim was to discuss the preparation for the championships. In cities, which expect the governments support , the progress is significantly lower. It is visible these days that Odessa and Lwow are not capable to catch up with others – judged Andrij Kapustin from the Euro […]

Global financial crisis may make the job of preparing for the Euro 2012 football championship easier for Poland as demand for unrelated construction eases and prices drop, a senior official said on Friday. Marcin Herra, who heads the PL.2012 agency preparing for the event, told Reuters in an interview, the global slowdown in investment increased developers’ interest in key infrastructure projects, while falling prices of building materials should make the final price-tag lower. Infrastructure work is a major challenge for Poland and co-host Ukraine, which have to build not only […]