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Olympic Park under construction 03.05.2008, 05:49

UK taxpayers face massive bill for 2012 Olympics

The organisers of the 2012 London Olympics are facing harsh criticism for drastically increasing the budget needed to stage the games.

16.10.2008, 13:26

Sochi Olympic preparations await brunt of funding crisis

Russia’s biggest investment project, the 2014 Sochi Olympics, isn't yet facing a lack of funding despite the current financial crisis according to the Olympic construction coordinator in Sochi. However the new deputy prime minister responsible for prepar

Fresh funding fears for London Olympics

Published: 21 October, 2008, 04:32


The global financial crisis is threatening to hit spending for London’s Olympic plans. The city is set to host the Games in 2012 and organisers already face an immense shortfall in funding for venues.

 
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