HVG: According to a Draft, the State Would Pay 184 Billion for Organizing the 2036 Budapest Olympics
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5 Articles
HVG: According to a Draft, the State Would Pay 184 Billion for Organizing the 2036 Budapest Olympics
According to the newspaper, the entire organization would cost around 2,000 billion forints.
The cost of hosting the 2036 Olympics would be around 184 billion forints for the Hungarian state. According to a financial plan that reached the press, Hungary would still only cover 10 percent of the total cost of the five-ringed games. However, the reality is that in past Olympics there has hardly been an example where the final costs did not exceed the amount estimated during the application phase.
HVG: According to a draft, the state would pay 184 billion for the Budapest Olympics, but there is a twist in the story - some of the money recorded as private sources would come from state-owned companies and Szerencsejáték Zrt.
Yesterday, news broke that the IOC would close the applications to host the 2036 Olympics, thus Hungary was added to the list along with six other countries, but the final decision will be made in 2028. The question is how much all this will cost the country, and how many developments will it include that will improve the daily lives of the population.
Hungary would also host the 2036 Olympic Games. Sports economist Gábor Szabados calculated how much it would cost to host the Olympics.
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