zł.3 billion for four Euro2012 stadiums

"Polish arenas of the Euro2012 will be built without European funds. We have consent in this regard," said Anna Siejda of the Regional Development Ministry. Rafał Dutkiewicz, the mayor of Wrocław, believes that private sponsors will also be unwilling to finance the investments. "There is no time for anything else. In line with the UEFA requirements we must be ready not in 2012, but by 2010," said Dutkiewicz. However, authorities in Poznań and Gdańsk still hope to attract the interest of private investors who will be able to use the venue for other purposes following the championship. Authorities in Gdańsk hope that almost 45-50% of the costs related to the construction of Baltic Arena, estimated at zł.670 million, will be carried by private investors who will receive attractive property next to the stadium or in other parts of the city. Gdańsk cannot close the financing yet, as investors are asking how large the share covered by the central budget will be. (Puls Biznesu, pp. 1, 4-5) M.M.