Greek debt spirals after Olympics
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The soaring cost of the 2004 Olympic Games looks set to drive Greece deep into debt, its prime minister warns.
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Greece was rocked by the threat of being stripped of an Athens Games medal and the host nation's team manager offered to quit on Friday, as doping overshadowed Michael Phelps' drive to be Olympic swimming's top medal winner.
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Aug. 26 - I fear the Greeks are in for one final disappointment. Having endured relentless skepticism as well as frequent insult in the run-up the Athens Olympics, they appear to expect effusive congratulations as well as a mass mea culpa.
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ATHENS, Greece - Greek sprinters Kostas Kenteris and Katerina Thanou pulled out of the Athens Games on Wednesday, nearly a week after they missed a drug test and were later hospitalized following a suspicious motorcycle crash.   "I'm withdrawing from the Olympics," Kenteris said after meeting with the International Olympic Committee's disciplinary commission...
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This year&#39;s Olympic Games in Athens cost nearly nine billion euros ($11.5 billion), almost double the amount forecast a year before the opening ceremony, the Greek finance minister said on Friday.
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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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The total cost of the Athens Olympics may exceed $14.6 billion, according to Greece's 2005 budget submitted to parliament Thursday.
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What doping scandals? What debts? Drunk with pride for successfully pulling off a great homecoming Olympics, most Greeks said they would happily do it all over again.
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Athens - The Athens Olympics have turned from party to tragedy for hosts Greece after doping scandals involving three of their top athletes.
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In summing up the Athens Games, the first order of business is to extend a big &quot;sorry&quot; to the Greeks. Nothing blew up and nothing collapsed, and nothing less has been accomplished than the
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ATHENS, Aug. 19 -- Worried about the potential for a terrorist catastrophe, Greece is spending about $1.5 billion on security for the Olympic Games. The biggest threats so far? Foreign journalists and a Canadian guy dressed in a tutu.
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On the morning after the night before, Athens woke up to a massive Olympian hangover. The city was tired - physically exhausted, emotionally spent.
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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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ATHENS - The spectacle and drama of the Olympics enthralled billions. Television paid handsomely to show it and sponsors spent fortunes to bathe in its reflected glory.
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As the Greeks recover from last night&#39;s Olympics closing ceremony, many German papers on Monday morning commented that drug scandals cast a shadow over these Summer Games.
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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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In 2000, Greece brought home 13 medals. The Greek Olympic Committee hopes to double that number.