The Olympics

The Olympics


News, information and stories about the Olympic Games.

Thursday, 2 September 2004

The Party is Over

It seems that post Olympic reality is about to hit Greece.

It is reported that as a result of budget deficits hitting 5% (the $12BN cost of the Olympics will have had something to do with that), the government will be introducing emergency measures such as; increasing taxes and one off levies on businesses.

Other countries who, for reasons that escape me, are scrambling to secure the 2012 Games should take note.

In my view, the Games in their current form are unsustainable; both logistically and financially.

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