KIEV, May 17 – The 62nd Eurovision song contest is most likely to be held in Kiev mainly at the expense of budget funds, co-chairman of the Nash Kray party and former first deputy head of Kiev City State Administration during the UEFA Euro 2012 football championship Oleksandr Mazurchak.

Mazurchak estimates that preparations for the contest will cost EUR 10 million, Nash Kray's official website reported.