Polish newspapers reveal emergency plans are in place in case the credit crunch scuppers Ukraine and Poland hosting the EURO 2012 championships, according to Polskie Radio.

 Polska daily writes that perilous position of the economy in Ukraine, in partocular, is giving much cause for concern from UEFA, the European football governing body. The economic crisis has forced the Ukrainian authorities to suspend preparations in some cities due to lack of funds. The daily reveals that UEFA has three emergency plans in case the crisis in Ukraine deepens: either Poland would take over some of the events, or, Germany would be given the co-hosting role.

 The third scenario was prepared in case Poland also had economic problems – then UEFA would transfer the whole event to England, Spain or Italy. The final decisions are to be made in May, after the evaluation of the state of preparations in both Poland and Ukraine.

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 The Dziennik daily writes about new evidence in the case of the kidnap and murder of Krzysztof Olewnik, a son of a rich businessman who was kidnapped in 2001 and murdered in 2003.

 After last week’s arrest of family friend Jacek K., who was later charged with complicity in the crime, the prosecutors are now investigating the possible connection between the murderers and people from a close circle of friends of the victim.

 The case has hit the headlines again, recently, after negligence by prosecutors and the Ministry of Justice is to be the subject to the parliamentary committee’s investigation.

 More and more Poles complain about their insurance companies and pension funds, reveals Gazeta Wyborcza. According to a report by the daily, only last year 7,600 complaints were received by insurers, 10 percent more than in 2007. The majority of complaints concern third party liability vehicle insurances and damage and theft insurance. Poles complain that the insurers understate the value of indemnities. The report suggests that among the worst insurance companies in this respect are the largest insurer, PZU and the second largest, Warta.