Preparing for yet another white elephant mega-event

“‘The whole country is celebrating a gift to all our people,’ Ukrainian President Viktor Yanukovych brazenly announced at last weekend’s official opening of Kiev’s Olympic Stadium, the 70,000-seat venue that will stage the Euro 2012 final. What a wonderful present indeed for the people of the economically crippled Ukraine! And a gift being something that you receive for free, one must assume that the estimated costs for the stadium of over £500 million did not come from the people’s pocket. Just as Shakira, who sang at the opening ceremony, no doubt waived her fee and showed up for the mere prestige of being there.” WSC

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