In the wake of some media reports saying that the Eurovision 2017 international song contest may allegedly move from Ukraine to Russia over financial problems, the Finance Ministry of Ukraine says it has provided funding of the contest in full. Finance Minister Oleksandr Danyliuk wrote this on his page in Facebook, Ukrainian News Agency reports. "There appeared reports in some media about possible transfer of Eurovision from Ukraine to Russia allegedly in connection with problems with financing. It is bitter to disappoint admirers of news of Kiseliov's style, but this information is absolutely incorrect. The government has done everything necessary to provide full financing of the event: UAH 430 million has been allocated in guarantees, and UAH 455.7 million has been foreseen in the 2017 state budget," Minister Oleksandr Danyliuk wrote. Oleksandr Danyliuk notes that the Kyiv authorities have allocated UAH 50 million this year and UAH 150 million will be allocated in 2017. The steering committee headed by Culture Minister Yevhen Nischuk is providing required preparations. As Ukrainian News Agency earlier reported, the Kyiv city council in October 2016 allocated UAH 200 million for preparations for the Eurovision 2017 international song contest.