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Polish economic future secured

Polish economic future secured

The victory of Poland and the Ukraine in the race to host the 2012 European football championships will lead to new levels of economic prosperity, it is thought.

Though Italy had been expected to be awarded the hosting rights, a match-fixing scandal and recent crowd violence with suggestions of police brutality looks to have cost the Italian bid.

The surprise success will mean an investment of 26 billion in the economy with Michael Listkiewicz, president of the Polish Football Association, confirming the importance of the win.

"This big tournament will be a milestone in the common history of two Slavic nations," he said.

"We'll be ready, we'll do it and deliver everything we've promised."

Poland will provide six venues for the tournament, with a 400 million stadium to be built in Warsaw, while the stadia at Krakow and Poznan will be improved.

An EU finance package running until 2013 has been earmarked to contribute 19 billion to road, rail and air projects.

A recent survey showed that EU membership had stimulated the growth of the Polish economy, with properties experiencing capital gains of 33 per cent in the first quarter of 2007.

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