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Football fans descend on Germany for Euro 2024 championships

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Football fans descend on Germany for Euro 2024 championships

2024-06-18 00:46 Last Updated At:10:37

Football fans from across Europe have been descending on Germany, host of the UEFA EURO 2024 football championship, for a month-long football extravaganza that is expected to fuel local economic prosperity as the tournament progresses.

The tournament, held from June 14 to July 14, 2024 across 10 German cities, showcases the huge economic potential of hosting major sporting events which bring in revenue from ticket sales, merchandise, travel, accommodation, and post-match celebrations.

Most of the football fans in Munich interviewed by China Central Television (CCTV) said their biggest expense was match tickets, followed by accommodation and transport. "I decided early on that I would go to the tournament and was prepared to spend a lot of money. My budget for tickets ranged from 200 to 300 euros per match. Germany is the host country, so I want to watch the match live," said one football fan.

"The most expensive part for us was the train tickets. We traveled in groups to watch the matches, and the round trip cost us 120 euros per person. The hotel prices also increased because of the tournament. Of course, we had to go to the bars, and beer was essential before and after the match. Beer in Munich doesn't come cheap," said a fan who is a member of a football club and is able to access discounted match tickets.

Fans who can't secure match tickets are gathering in designated fan zones in host cities to watch the tournament.

Bar and restaurant owners have upgraded equipment in advance to cater to the throngs of fans, and ensured an ample supply of food and alcoholic beverages to accommodate them.

"We installed a large screen in preparation for Euro 2024, which have attracted many more customers. After the matches, many fans came to celebrate, providing us with great business opportunities. Our customer flow has increased by 15 percent. We cheer for the German team and hope they would achieve better results to bring us full house of customers," said Maximilian, a restaurant owner in Berlin.

According to the Ifo Institute for Economic Research, EURO 2024 is expected to bring an additional one billion euros (1.07 billion U.S. dollars) into the German economy from visiting fans.

Around 600,000 additional international tourists are expected to visit Germany for the event, leading to 1.5 million extra overnight stays during the tournament, said ifo researcher Gerome Wolf, adding that it will boost sales in the country's hospitality industry.

Football fans descend on Germany for Euro 2024 championships

Football fans descend on Germany for Euro 2024 championships

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China, Vanuatu enjoy long, close relationship

2024-07-14 11:02 Last Updated At:11:37

China and the Pacific islands nation of Vanuatu have been enjoying a long-term and close ties since the two countries established diplomatic ties in 1982.

Vanuatu gained independence in 1980 after being under the joint sovereignty of France and Britain. Two years later, Vanuatu and China established formal diplomatic relations. The Chinese embassy was built just a few years after that.

Today, China is Vanuatu's second largest trading partner, accounting for about a quarter of the country's imports.

Earlier this month, China donated a new multi-million-dollar presidential palace in a handover ceremony. It's the latest in a series of Chinese aid projects that includes the National Convention Center, and government offices.

"Vanuatu's relationship with China is very important. It's one of our main important relationships we have. Traditionally, we've had very strong relations with Australia. Australia has been our, and I think it still is our main source of development assistance and trade. But more and more China has been coming into that space. China has become much more important as we see the rise of China," said Ralph Regenvanu, Minister of Climate Change of Vanuatu.

Vanuatu is blessed with a diverse terrain and beautiful scenery.

Vanuatu's capital of Port Vila, home to around 50,000 people, is the country's biggest city. While small in size, it is usually bustling with people, thanks in part to the role tourism plays in this country.

The Republic of Vanuatu sits in the Pacific, about 1,700 kilometers northeast of Australia.

It's a Y-shaped archipelago, consisting of more than 80 islands formed from volcanoes. In fact, there are several active volcanoes, as well as underwater volcanoes in the country. Volcanic activity is described as an ever-present danger. The most recent one took place last year.

The country's geography and location in the Pacific makes it more prone to natural disasters than almost any other places on the planet. That includes the ever present danger of cyclones. Last year, Vanuatu was hit by back-to-back cyclones in just 48 hours, impacting most of the country's more than 300,000 people.

About 80 percent of the population depends entirely on subsistence farming as it is an agriculture-based economy.

People grow and sell tropical fruits and vegetables as their main source of income. Some of the main crops include kava, coconut and coffee.

Like many Pacific islands nations, the beautiful country is being greatly impacted by climate change which includes rising sea-level, coastal erosion and damage from more frequent and more intense severe weather events.

China, Vanuatu enjoy long, close relationship

China, Vanuatu enjoy long, close relationship

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