Olympics costs inflate Greece deficit
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ATHENS: Greek taxpayers could use some advice from the country&#39;s celebrated weightlifting champions to shoulder the sizeable cost of the Athens Olympics after the Games.
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Norway, Germany, France, Britain  Romania, New Zealand and Australia all looted the gold-medal  chest in the Athens Olympic rowing basin on Saturday, as Greece  counted the cost of the Games in national pride and treasure.
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The 2004 Olympic games in Athens, Greece, have been attracting a growing worldwide audience since they began August 13. Particularly attentive have been Greek-Americans.
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The Athens Olympics will cost a total of  almost 10 billion euros ($12.1 billion), more than double the  original target, pushing Greece's budget gap well above EU  limits, finance ministry sources said on Wednesday.
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Greek Economy Minister Yiorgos Alogoskoufis said the Olympic Games had been a good investment for his country, despite earlier misgivings about spiralling costs.
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If Greece, with 10m people, can pull off the Games at the 11th hour, why not? THE final weekend of the Olympics is at hand, and the reckoning is nigh.
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The 2012 London Olympics faced fresh financial concerns on Tuesday after reports that a slump in land prices could leave a 1 billion pounds ($2 billion) "black hole" in the budget.
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ATHENS -- Makis Yerassimakis, a Greek Gypsy who has spent a lifetime on society's margins, thought he could join the rest of Greece and cash in on the Olympics. So last Friday, he took about $600 worth of Greek flag trinkets to sell outside the opening ceremony.
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ATHENS, Aug 30 (IPS) - Greece is set to pay an enormous cost after a week  of unstoppable inferno, with fires still burning out of control.
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ATHENS, Greece  -- Olympic organizers announced that more than half of available tickets (3.1 million) to the Games have been sold, almost reaching the budget for purchases.
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Greece, whose European Championship triumph stunned football only two months ago, suffered a rapid fall from grace when they were beaten by Albania in their opening qualifier for the 2006 World Cup.
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Latest estimates of the costs of hosting the Athens Olympics put them at up to $10bn - a huge amount for a small country like Greece, once the poorest in the EU.
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Their success at the Games could be a catalyst for change in Greece.
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Government criticised by financial watchdog for seriously underestimating cost of 2012 games.
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The bill arrived for the Athens Olympics yesterday -- about $11.6 billion, and it might climb higher. The tally announced by the government
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The bill arrived for the Athens Olympics on Friday -- about $11.6 billion, and it might climb higher. The tally announced by the government was almost double the original estimate, making the games by far the most expensive in Olympic history.
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The European Commission said on Wednesday that it would sue Greece for submitting incaccurate deficit figures before joining the euro zone in 2001.