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Turkey pledges (EURO)1 billion for Euro 2016 stadiums

Turkey pledges (EURO)1 billion for Euro 2016 stadiums

Turkey's bid to host the 2016 European Championship has been helped by the government pledging about (EURO)1 billion ($1.4 billion) to build and redevelop football stadiums.
New stadiums will be built in Ankara, Izmir, Bursa, Konya, Eskiehir and Antalya. There will be a major redevelopment of the Ataturk Olympic Stadium in Istanbul, while the Turk Telekom Arena and the Kadir Has Stadium will undergo improvements.
The (EURO)920 million-funding ($1.3 billion) is dependent on Turkey's bid being successful in the May 27 vote, but the government also announced Thursday that it will invest (EURO)27 billion ($38 billion) improving the country's infrastructure over the next six years regardless of the outcome.
France and Italy are also bidding.