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Cabinet approves Euro 2012 accommodation loan payment arrangements
Journal Staff Report

KIEV, July 22 – The Cabinet of Ministers has approved the procedure and terms for the partial repayment of interest on loans for construction, overhauls and re-equipment of accommodation facilities as part of the preparations for and holding of the Euro 2012 European Football Championship finals in Ukraine.

This is stipulated in an instruction of the government - No. 760 of July 6.

According to the document, loan interest will be repaid for five-, four- and three-star hotels that are to host people accredited by UEFA, as well as other accommodation facilities that could be equated to the abovementioned categories.




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