Eurovision 2017 will cost 23 million euro
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The total budget will be earmarked for the Organization of the 62nd Eurovision Song Contest is currently just over 23 million euro. (Source: Ukrinform)
The city of Kiev will be 200 million Ukrainian grivna pumps in the song festival, which on 9, 11 and 13 will be held in May next year. Converted that amounts to approximately 7.2 million euros. That has Andriy Strannikov, Chairman of a Committee of the City Council of Kiev, let it be known to local media. A quarter of that amount will be issued this year for the first (infrastructure), the other is 5.4 million for next year.
What is more, on top of that the Ukrainian Government vacates such a 16 million euro for the contest. Half the annual budget of the Ukrainian State broadcaster NTU, who is responsible for the Organization of the ESF 2017, becomes so absorbed. The city of Kiev and the national Government of Ukraine will together invest so 23.2 million euros .
In comparison, the Eurovision Song Contest in Stockholm took about the same amount of2016. Swedish broadcaster SVT had a budget of about 12.5 million, and the city of Stockholm spent just over EUR 10 million.