OREANDA-NEWS. December 08, 2008. The Cabinet of Ministers of Ukraine is being elaborating mechanisms of support of investors for building in Ukraine of hotels within the framework of gearing-up to the Euro-2012.

Vice Premier of Ukraine Ivan Vasiunyk announced to journalists following the enlarged meeting of the National Coordinators of Ukraine and Poland in the issues of preparing of the two states to the European Football Championship of 2012.

According to the top official nowadays the CMU is being considering several variants. Notably, one of the variants appears a mechanism when the State Budget compensates the share of interest rate in purpose credits of commercial banks.

At the same time Vice Prime Minister stressed that the Government manages to abate the negative fallout of the financial crisis on preparing to the Euro-2012.

“Undoubtedly, the economic crunch and the situation with the currency will force us to make certain steps to soften the impact of these factors on gearing-up to the Euro-2012. Though it should be mentioned after the UEFA determines 4 cities of Ukraine and 4 cities of Poland the Government will be able to concentrate on the objects of these very cities and direct there more resource funds envisaged by the national program of gearing-up to Euro-2012,” Ivan Vasiunyk explained.