Games Finances Correct, Athens Olympics Chief Says
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Athens Olympics organizers have  vehemently denied any financial improprieties in the run-up to  this year's Games as suggested in an audit report this week.
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London 2012 Olympic bid leaders yesterday insisted that the capital has a realistic chance of winning the right to host the next but one summer games despite starting the campaign behind the clear favourites, Paris.
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ATHENS, Greece - Costs for the Athens Olympics are climbing again, expected to top $8.5 billion because of the massive security and overruns in the last-minute scramble to get venues ready.
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TURIN, Italy  - Having weathered police raids,  cash problems and political intrigue, organizers of the 2006  Turin Winter Olympics are on track to deliver an "excellent"  Games, IOC chief Jacques Rogge said on Friday.
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International Olympic Committee president Jacques Rogge expressed confidence Monday in Beijing&#39;s decision to scale back Olympic construction, saying plans for a ``frugal Games&#39;&#39; wouldn&#39;t interfere with holding the 2008 Summer Games.
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Beijing should not wait too long to complete venues for the 2008 Olympics, a top official from the International Olympic Committee said in the capital yesterday.
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D'oh The government failed to account for the costs of IT when putting together its budget for the 2012 Olympic Games, according to the bean counter watchdogs of the Public Accounts Committee (PAC).â¦
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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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International Olympic Committee President Jacques Rogge tried to erase Beijing&#39;s money worries Monday, saying that hosting the Games will benefit the country.
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Turin's Olympic Committee needs to raise  another 65 million euros from sponsors to meet targets for the  2006 Winter Games, its chief said on Monday after reports of a  huge budget gap had sparked a national political row. Turin's  mayor ordered an audit of Olympic spending after organizers  said they had a 180 million-euro ($227 million) hole in their  books due to sponsorship shortfalls and lower sales forecasts.
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The Greek government says  this year's Olympic Games in Athens cost 8.8bn euros  -  almost double the original estimate.
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Government criticised by financial watchdog for seriously underestimating cost of 2012 games.
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Olympic chief Jacques Rogge praises the organisers of the Athens Games.
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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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Ministers must reveal how much Lottery money will be moved from heritage projects to the Olympics, MPs say.
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Organizers for the 2006 Turin Olympics approved a provisional budget Tuesday that includes aid from a public agency to cover a shortfall estimated at more than $245 million.
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A member of the Chinese Olympic Committee came to Athens last May. He visited our Olympic sites, which were still under construction, and met members of the Greek Olympic Committee.