UEFA will have it in Ukraine but will reduce the number of games. Kiev may not have the stadium finished so look for the games of the final 8 teams to be played mainly in Poland. You will see 2 quarterfinal games in Ukraine and most likely in Donetsk (stadium is finished). The other 2 quarter final games, semifinals, and final will be in Poland. Poland stadiums and roads are still terrible so they have a lot of work to do. Also, Polish hotels are poor quality. I think Poland has done a better job bribing the judges. Donetsk just played the 19 UEFA final which Ukraine won over England and got great reviews.
I have noticed that Kharkov airport is way ahead of schedule of construction but stadium and hotels behind. Kharkov airport is going to be really nice. I wonder what the one police official is going to do who always trys to get extra money by taking USA citizens for immigration paper review. With more than one flight per hour he is going to have to get some help. I always bring him one old quarter or half dollar. Keeps him happy as he is a coin collector. But many fools give him up to 50 usd.
Look for housing prices (more on houses than apartments) in Ukraine to tumble 50% more in Kiev, Kharkov, and Donetsk after Euro cup 2012 or if UEFA cancels Ukraine. Property prices are still inflated on the ability to rent out to rich foreigners at more than 10,000 usd a week. Do not laugh at these prices. When the Ryder cup came to Detroit a couple years ago I rented out my house for more than 50,000 usd a week and my house was more than a hour by car away and less than 450 square meters. There will be rich people who will spend 100,000 usd or more a week for one of those expensive houses (not apartments) to throw parties. Many politicians own these houses. They will make sure that Ukraine gets the games played in Ukraine. I think the President and Yulia are still trying to get some free houses or a portion of the cut. Yuila and the President will make more than a hundred million on under the table bribes, etc. Big business for them.