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Olympic Games: no benefit to the national economy
by zopemaster — published Dec 01, 2010 — last modified Jul 07, 2021 01:16 AM — filed under: , ,
Switzerland is once again discussing its candidacy for the 2022 Winter Olympics. Environmental organisations are warning against the ecological and economic repercussions. Even Marco Blatter, former CEO of Swiss Olympic, has been quoted on Swiss radio, saying that he was glad the 2006 Games were not held in the Valais. He added that in Turin/I the Games had grown out of all proportion. "With all the infrastructure investments Turin cost around CHF 4.5 bn; Vancouver is costing around CHF 6 bn; and Sochi 2014 is officially budgeting for CHF 13 bn," reports Switzerland's SonntagsZeitung.
Located in News
The shreds of Turin
by zopemaster — published Nov 16, 2010 — last modified Jul 07, 2021 01:16 AM — filed under: , , , ,
Mountain regions are footing the bill for the Winter Olympics - the Winter Olympics bring fame and glory and an economic revival to the regions. For a fortnight. Leaving behind an oversized infrastructure, debts and empty beds. That, in a nutshell, is Turin four years after the 20th Olympic Winter Games.
Located in News