UEFA--Euro--2008

2012-07-07T06:05:00.002-07:00

Abandon the worries… and Abide in the Word.

Abandon the fears… and Abide in the Father.

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2012-07-06T18:53:00.005-07:00

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July 6, 2012

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The Tell
The Markets News and Analysis Blog

Why the euro is at a 2-year low

July 6, 2012, 11:15 AM
.

The euro EURUSD-.00% fell to its lowest level against the dollar in about two years on Friday, in part as a weak U.S. payrolls report prompted a flight to safety.

But it was also a continuation of the euro’s decline Thursday after the European Central Bank cut interest rates – basically doing the minimum required – which sent a big warning signal about the region’s sovereign debt crisis.

“The ECB really disappointed,” said Steven Englander, head of G-10 strategy at Citigroup.

“There’s a recognition that if it was that easy to solve Europe’s problems by cutting 25 basis points, they would have done it a long time ago. They did what was easy for them as a central bank and didn’t do anything that would help the economy and sovereign issues.”

The move easily wiped out the gains made after the pleasant surprise to last week’s European Union Summit, when officials surpassed the low bar markets set for them.

“The euro is going to continue to drift down,” Englander said. “It’s the same issue after every summit: there’s an agreement in principle and then everyone adds up how much it’s going to cost” and it comes unraveled.

“Even though they’re now more willing to take measures than they were a year or two ago, now that the problem has spilled over to Spain and Italy, not only are the costs higher but they’re loaded on smaller shoulders” because that removes two of the biggest economies in the euro zone from paying for a the bailout if they themselves need the assistance.

About a third of euro zone nations are rated below investment grade or close, and a third are AAA, Englander said. The rest are more ambiguous, and investors think they can go either way.

“That’s why the reaction to the ECB was so negative. To many economists, the clear answer for easing the burden is by the ECB being more proactive.”

But so far, it’s not taking on that mantle.

After Lehman Brother’s bankruptcy, what it took to avoid all-out contagion was a blank check, Englander said. “In Europe, we see an absolute unwillingness by central banks or governments in stronger fiscal situations to give a blank check.”

See Currencies report.

–Deborah Levine

Follow The Tell blog on Twitter @thetellblog

Follow Deborah on Twitter @dlevineMW

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UEFA--Euro--2008

2008-06-20T18:42:00.000-07:00

The 2008 UEFA European Football Championship, commonly referred to as Euro 2008, is the 13th UEFA European Football Championship, a quadrennial football tournament for European nations. The tournament, which is being hosted by Austria and Switzerland, began on 7 June 2008 and is scheduled to conclude with the final at Ernst Happel Stadion in Vienna on 29 June 2008. It is the second successful joint bid in the competition's history. Greece were the defending champions, having won the previous tournament.

Sixteen teams are participating in the tournament. Austria and Switzerland automatically qualified as hosts; the remaining 14 teams were determined through qualifying matches which began in August 2006. The winner of Euro 2008 will qualify for the 2009 FIFA Confederations Cup in South Africa, but will not be obliged to participate in it.[1][2]

Contents [hide]
1 Bid process
2 Venues
3 New trophy
4 Qualifying
4.1 Qualified teams
4.2 Spain controversy
5 Seeding
6 Match officials
7 Squads
8 Results
8.1 Group stage
8.1.1 Tie-breaking criteria
8.1.2 Group A
8.1.3 Group B
8.1.4 Group C
8.1.5 Group D
8.2 Knockout stage
8.3 Final
9 Statistics
9.1 Goalscorers
9.2 Discipline
10 Miscellany
10.1 Match ball
10.2 Music
10.3 Mascots
10.4 Slogan
11 Prize money
12 Broadcasting rights
13 References
14 External links

Bid process
Austria and Switzerland jointly bid to host the games, and faced major competition from Greece/Turkey, Scotland/Ireland, Russia, Hungary, Croatia/Bosnia-Herzegovina and a 4-way Nordic bid from Norway/Sweden/Denmark/Finland. Austria had already bid with another country before, which was Hungary for Euro 2004. They eventually lost to Portugal.

Austria/Switzerland, Greece/Turkey, and Hungary were recommended before the final vote. Greece and Turkey were rejected and let Hungary and Austria/Switzerland battle for the win.

The Austria/Switzerland bid is the second successful joint bid in the competition's history, following the UEFA Euro 2000 hosted by Belgium and the Netherlands. The 2012 competition in Poland and Ukraine is scheduled to become the third jointly-hosted tournament.

Venues
The tournament will be played at eight venues throughout the two host nations; four in Austria and four in Switzerland. Each venue has a capacity of at least 30,000 for the tournament; the largest stadium is Ernst Happel Stadion in Vienna with a capacity of 53,295.[3] It is for this reason that Ernst Happel Stadion will host the final. Switzerland will play all of its group stage matches at St. Jakob Park in Basel, which also hosted the opening match of the tournament as a compromise for the final being held in Vienna. Austria will play all of its group stage matches at Ernst Happel Stadion.

In 2004, the Zürich venue became a problem for the organisers. Originally, the Hardturm stadium was to be renovated and used as the city's venue, but legal challenges delayed the plan to a point that would not have allowed the ground to be used in 2008. This created a problem, as the agreement between UEFA and the organizers stipulated that four venues would be used in each country. The problem was solved when the organizers proposed renovating Letzigrund instead; UEFA approved the revised plan in January 2005. The Letzigrund stadium hosted its first football match on 23 September 2007.[4]

Vienna Klagenfurt Salzburg Innsbruck
Ernst Happel Stadion
Capacity: 53,295 Hypo-Arena
Capacity: 31,957 Wals Siezenheim Stadion
Capacity: 31,020 Tivoli Neu
Capacity: 31,600

Basel Berne Geneva Zürich
St. Jakob-Park
Capacity: 42,000 Stade de Suisse
Capacity: 31,907 Stade de Genève
Capacity: 31,228 Letzigrund
Capacity: 30,000

New trophy

The new trophy for the UEFA Euro 2008 tournamentA new trophy will be awarded to the winners of the Euro 2008 tournament. The new version of the Henri Delaunay Trophy, created by Asprey London,[5] is almost an exact replica of the original designed by Arthus-Bertrand. A small figure juggling a ball on the back of the original has been removed, as has the marble plinth. The silver base of the trophy also had to be enlarged to make it stable. The names of the winning countries that had appeared on the plinth have now been engraved on the back of the trophy, which is made of sterling silver, weighs 8 kilograms (17.6 lb) and is 60 centimetres (24 in) tall.

Qualifying
Main article: UEFA Euro 2008 qualifying
The draw for the qualifying round took place in Montreux, Switzerland on 27 January 2006 at 12:00 CET.

The qualifying process commenced a month after the 2006 World Cup. Austria and Switzerland automatically qualified for the tournament finals as host nations.

The qualifying format was changed compared to previous tournaments. The winners and runners-up from seven groups automatically qualified for the Championship, with the hosts filling the other two slots in the 16-team tournament. The change means there were no play-offs between teams finishing in second place in the groups – they qualified directly for the finals. Teams that finished in third place didn't have any further opportunity to qualify. Six of the qualifying groups contained seven teams, and the other, Group A, contained eight.

Qualified teams
Country Qualified as Date qualification was secured Previous appearances in tournament1
Austria 00Co-hosts 0012 December 2002 01 (debut appearance)
Switzerland 01Co-hosts 0112 December 2002 21 (1996, 2004)
Poland 02Group A winner 0917 November 2007 00 (debut appearance)
Portugal 03Group A runner-up 1421 November 2007 4 (1984, 1996, 2000, 2004)
Italy 04Group B winner 0617 November 2007 60 (1968, 1980, 1988, 1996, 2000, 2004)
France 05Group B runner-up 0717 November 2007 61 (1960, 1984, 1992, 1996, 2000, 2004)
Greece 06Group C winner 0317 October 2007 23 (1980, 2004)
Turkey 07Group C runner-up 1221 November 2007 22 (1996, 2000)
Czech Republic 08Group D winner 0517 October 2007 62 (19602, 19762, 19802, 1996, 2000, 2004)
Germany 09Group D runner-up 0213 October 2007 9 (19723, 19763, 19803, 19843, 19883, 1992, 1996, 2000, 2004)
Croatia 10Group E winner 0817 November 2007 20 (1996, 2004)
Russia 11Group E runner-up 1521 November 2007 8 (19604, 19644, 19684, 19724, 19884, 19925, 1996, 2004)
Spain 12Group F winner 1117 November 2007 71 (1964, 1980, 1984, 1988, 1996, 2000, 2004)
Sweden 13Group F runner-up 1321 November 2007 30 (1992, 2000, 2004)
Romania 14Group G winner 0417 October 2007 31 (1984, 1996, 2000)
Netherlands 15Group G runner-up 1017 November 2007 70 (1976, 1980, 1988, 1992, 1996, 2000, 2004)

Performance of the participating countries during the Euro 20081 Bold indicates champion for that year
2 as Czechoslovakia
3 as West Germany
4 as Soviet Union
5 as Commonwealth of Independent States

Spain controversy
FIFA president Sepp Blatter threatened Spain with expulsion from international football had the Spanish government interfered in the election process of the Spanish Football Federation, but no action was deemed necessary.[6]

Seeding
Main article: UEFA Euro 2008 seeding
The draw for the final tournament took place on 2 December 2007 at the Culture and Convention Centre in Lucerne.[7]

In a return to the format used at Euro 92 and Euro 96 the games in each group will be held at just two stadia, with the seeded team remaining in the same city for all three matches. As was the case at the 2000 and 2004 finals, the finalists were divided into four seeding pots, based on average points per game in the qualifying phases of the 2006 FIFA World Cup and Euro 2008, with each group having one team from each pot. Switzerland and Austria, as co-hosts, and Greece, as defending champions, were seeded first automatically.[8][9] The Netherlands were seeded based on their UEFA coefficient in the Euro 2008 finalists ranking.

Pot 1 Pot 2 Pot 3 Pot 4
Switzerland (assigned to A1)
Austria (assigned to B1)
Greece
Netherlands
Croatia
Italy
Czech Republic
Sweden
Romania
Germany
Portugal
Spain
Poland
France
Turkey
Russia

Match officials
Main article: UEFA Euro 2008 officials
Twelve referees and twenty four assistants were selected for the tournament:[10]

Football
Association Referee Assistants
Austria Konrad Plautz Egon Bereuter Markus Mayr
Belgium Frank de Bleeckere Peter Hermans Alex Verstraeten
England Howard Webb Darren Cann Mike Mullarkey
Germany Herbert Fandel Carsten Kadach Volker Wezel
Greece Kyros Vassaras Dimitiris Bozartzidis Dimitiris Saraidaris
Italy Roberto Rosetti Alessandro Griselli Paolo Calcagno
Netherlands Pieter Vink Adriaan Inia Hans ten Hoove
Norway Tom Henning Øvrebø Geir Åge Holen Jan Petter Randen[11]
Slovakia Ľuboš Micheľ Roman Slysko Martin Balko
Spain Manuel Mejuto González Juan Carlos Yuste Jiménez Jesús Calvo Guadamuro
Sweden Peter Fröjdfeldt Stefan Wittberg Henrik Andren
Switzerland Massimo Busacca Matthias Arnet Stephane Cuhat

Squads
Main article: UEFA Euro 2008 squads
Each nation had to submit a squad of 23 players, three of which had to be goalkeepers, by 28 May 2008. If a player was injured seriously enough to prevent him from taking part in the tournament before his team's first match, he could be replaced by another player.[12]

Results

Euro 2008 wall chartAll times are Central European Summer Time (UTC+2)

Group stage
In the following tables:

Pld = total games played
W = total games won
D = total games drawn (tied)
L = total games lost
GF = total goals scored (goals for)
GA = total goals conceded (goals against)
GD = goal difference (GF−GA)
Pts = total points accumulated (3W+D)

Tie-breaking criteria
According to the official UEFA rules for the tournament[13], the following tie-breaking criteria will apply, in this order, should two or more teams from the same group finish with an equal number of points. In keeping with previous European championships, the head to head record between the tied teams takes precedence over goal difference.

Number of points earned in matches between the teams in question;
Goal difference in matches between the teams in question;
Goals scored in matches between the teams in question;
Goal difference in all group matches;
Goals scored in all group matches;
In cases where exactly two teams are equal in all previously listed criteria and play one another to a draw in their final group match,[14] kicks from the penalty mark will be conducted in lieu of the remaining criteria;
Coefficient from the qualifying competitions for the 2006 FIFA World Cup and UEFA Euro 2008 (points obtained divided by the number of matches played);
Fair play conduct of the teams in the group stage;
Drawing of lots.

Group A
Main article: UEFA Euro 2008 Group A
Team Pld W D L GF GA GD Pts
Portugal 3 2 0 1 5 3 +2 6
Turkey 3 2 0 1 5 5 0 6
Czech Republic 3 1 0 2 4 6 −2 3
Switzerland 3 1 0 2 3 3 0 3

7 June 2008
Switzerland 0 – 1 Czech Republic
Portugal 2 – 0 Turkey
11 June 2008
Czech Republic 1 – 3 Portugal
Switzerland 1 – 2 Turkey
15 June 2008
Switzerland 2 – 0 Portugal
Turkey 3 – 2 Czech Republic

Notes on the tie-breaking situation
Portugal and Turkey are ranked by their head-to-head records
Czech Republic and Switzerland are ranked by their head-to-head records

Group B
Main article: UEFA Euro 2008 Group B
Team Pld W D L GF GA GD Pts
Croatia 3 3 0 0 4 1 +3 9
Germany 3 2 0 1 4 2 +2 6
Austria 3 0 1 2 1 3 −2 1
Poland 3 0 1 2 1 4 −3 1

8 June 2008
Austria 0 – 1 Croatia
Germany 2 – 0 Poland
12 June 2008
Croatia 2 – 1 Germany
Austria 1 – 1 Poland
16 June 2008
Poland 0 – 1 Croatia
Austria 0 – 1 Germany

Notes on the tie-breaking situation
Austria and Poland are ranked by goal difference in all of their group games as their head-to-head records are identical.

Group C

Free kick in the Netherlands-Italy match, 9 JuneMain article: UEFA Euro 2008 Group C
Team Pld W D L GF GA GD Pts
Netherlands 3 3 0 0 9 1 +8 9
Italy 3 1 1 1 3 4 −1 4
Romania 3 0 2 1 1 3 −2 2
France 3 0 1 2 1 6 −5 1

9 June 2008
Romania 0 – 0 France
Netherlands 3 – 0 Italy
13 June 2008
Italy 1 – 1 Romania
Netherlands 4 – 1 France
17 June 2008
Netherlands 2 – 0 Romania
France 0 – 2 Italy

Group D
Main article: UEFA Euro 2008 Group D
Team Pld W D L GF GA GD Pts
Spain 3 3 0 0 8 3 +5 9
Russia 3 2 0 1 4 4 0 6
Sweden 3 1 0 2 3 4 −1 3
Greece 3 0 0 3 1 5 −4 0

10 June 2008
Spain 4 – 1 Russia
Greece 0 – 2 Sweden
14 June 2008
Sweden 1 – 2 Spain
Greece 0 – 1 Russia
18 June 2008
Greece 1 – 2 Spain
Russia 2 – 0 Sweden

Knockout stage
Main article: UEFA Euro 2008 knockout stage
The knockout stage is different from that of past tournaments. Teams in groups A and B will be separated from teams in groups C and D until the final. This increases the chance of a group fixture being replayed in the knockout stage, and renders impossible a final between two teams drawn in the same half of the tournament. Also, in another major change, for the first time in a European Championship, only two venues (St. Jakob-Park, Basel and Ernst Happel Stadion, Vienna—the two largest of the eight stadiums used) will be used for the seven matches in the knockout stage of the tournament.[15]

Quarter-finals Semi-finals Final

19 June - Basel

Portugal 2
25 June - Basel
Germany 3
Germany
20 June - Vienna
Turkey
Croatia 1 (1)
29 June - Vienna
Turkey 1 (3)
Winner of SF1
21 June - Basel
Winner of SF2
Netherlands
26 June - Vienna
Russia
Winner of QF3
22 June - Vienna
Winner of QF4
Spain

Italy

Final
Main article: UEFA Euro 2008 Final
2008-06-29
20:45 Winner of Semi-final 1 v Winner of Semi-final 2 Ernst Happel Stadion, Vienna

Statistics

Goalscorers
4 goals
David Villa
3 goals
Lukas Podolski
Hakan Yakin
2 goals
Ivan Klasnić
Michael Ballack
Robin van Persie
Wesley Sneijder
Roman Pavlyuchenko
Zlatan Ibrahimović
Arda Turan
Nihat Kahveci
Semih Şentürk
1 goal
Ivica Vastić
Luka Modrić
1 goal (cont.)
Ivica Olić
Darijo Srna
Jan Koller
Jaroslav Plašil
Libor Sionko
Václav Svěrkoš
Thierry Henry
Miroslav Klose
Bastian Schweinsteiger
Angelos Charisteas
Daniele De Rossi
Christian Panucci
Andrea Pirlo
Giovanni van Bronckhorst
Klaas-Jan Huntelaar
Dirk Kuyt
Ruud van Nistelrooy
1 goal (cont.)
Arjen Robben
Roger Guerreiro
Deco
Raul Meireles
Nuno Gomes
Pepe
Hélder Postiga
Ricardo Quaresma
Cristiano Ronaldo
Adrian Mutu
Andrei Arshavin
Konstantin Zyrianov
Rubén de la Red
Cesc Fàbregas
Dani Güiza
Fernando Torres
Petter Hansson

Players in bold are still active in the competition

Discipline
Main article: UEFA Euro 2008 disciplinary record
At UEFA Euro 2008, players may be suspended from playing in subsequent matches upon the collection of a certain number of yellow or red cards. If a player is shown a red card – whether as a result of two bookable offences or a straight red – that player is suspended from playing in his team's next match. If his team is eliminated from the competition before the end of his suspension, the games carry over to the 2010 FIFA World Cup qualification matches. A player is also suspended for one match for picking up two yellow cards in separate matches. However, any yellow cards accumulated are annulled once a team is eliminated from the tournament or reaches the semi-finals.[16]

In extreme cases of ill-discipline, UEFA may choose to have a disciplinary panel examine the incident in order to determine whether or not further suspension is required. One case of this at Euro 2008 was the suspension of Turkey goalkeeper Volkan Demirel for two matches for pushing Czech striker Jan Koller.[17]

Miscellany
Main article: UEFA Euro 2008 miscellany

Match ball
The match ball for the finals was unveiled at the draw ceremony. Produced by Adidas and named the Europass, it is a 14-panel ball in the same construction as the Teamgeist, but with a modified surface design.[18] A version named the Europass Gloria will be used in the final.[19]

There have been concerns raised about the match ball because it deviates so much in flight, making it difficult to judge for goalkeepers. Notable players to criticise are Germany's Jens Lehmann and the Czech Republic's Petr Čech.[20]

Music
The official Euro 2008 song is "Can You Hear Me" by Enrique Iglesias. It will be performed live as part of the official closing ceremony after the final in Ernst Happel Stadion in Vienna on June 29. "Can You Hear Me" was written by Enrique Iglesias, Steve Morales and Frankie Storm, recorded at Circle House Studios in Miami and produced by Big Ben Diehl and Carlos Pacuar. It is 3 minutes and 44 seconds in length. The music video, directed by Paul Minor, features football tricks.

As well as the official song, two soundtracks, "Like a Superstar" and "Feel the Rush", have been recorded by Jamaican reggae artist Shaggy as mascot songs for Euro 2008. They form a musical background to video clips featuring the twin