Poland in line for $9bn Euro 2012 windfall 23/08/2010 |
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Poland’s sports minister has predicted that staging the European Championships in 2012 will generate 28bn zlotys ($9.1bn) for the country’s economy.
Adam Giersz believes that Poland, which is co-hosting the tournament with Ukraine, will rake in 900m zlotys from additional tourist traffic in 2012 and a further 5bn zlotys in the years following.
"We expect around one million tourists to come to Poland specifically for the Euro 2012, of which around half would have tickets for games," he told Reuters.
"In the following years, we also expect some half a million more tourists coming to Poland than usual and, as a result, extra revenue of some 5bn zlotys by 2020."
However, most of the benefits for the economy will come from increased investments thanks to infrastructure being built faster than otherwise.
Giersz estimated the overall boost to the economy would reach 2.1 per cent of Poland's GDP in 2009.
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