Czechs “certain to win” Euro 2008 competition

Analysts at the Swiss UBS bank have pronounced that they are fairly certain that the Czech Republic will win the Euro 2008 football competition this summer. The analysts at the bank have apparently devised a formula, which calculates current team performance as well as the financial values of individual players. According to UBS, the same formula allowed them to correctly predict that Italy would win the World Cup in 2006. Specifically, the prediction is that the Czech Republic will win the championships after beating Italy on penalties.