Tag: Madrid 2020

• Friday, September 6th 2013 - 01:42 UTC

  Debt-struck Madrid believes its modest budget will end hosting the 2020 Olympics

  

  Debt-struck Madrid is betting its penny-pinching bid to host the Olympics in 2020 will reap rich economic dividends for recession-hit Spain. The Spanish capital is banking on a low-cost 5 billion dollars Olympic bid that relies heavily on existing stadiums to surprise Tokyo and Istanbul when Olympic chiefs make their decision in Buenos Aires on Saturday.

• Thursday, September 5th 2013 - 02:25 UTC

  Brazil’s protests will affect IOC future decisions; Madrid favourite for 2020

  

  International Olympic Committee President Jacques Rogge said his organization and future games hosts must overcome the challenge of convincing the wider public about the benefits of staging sports’ biggest event.