Network News

X My Profile
View More Activity

Putin: 2014 Budget Won't Be Cut

From the Associated Press:

The budget for building venues for the 2014 Winter Olympics in Sochi will not be cut, Russian Prime Minister Vladimir Putin said Thursday.
A Putin deputy overseeing the construction for the Games suggested last month that the global economic crisis might force Russia to reduce the $12 billion cost for the venues, which are being built almost entirely from scratch.
"So far as the financial resources for carrying out the necessary preparatory work, they've already been allocated and they won't be reduced," Putin said in a nationally televised question-and-answer session.
The government is paying about half the bill.

By Tracee Hamilton  |  December 4, 2008; 8:45 AM ET
Categories:  Sochi 2014  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Bad Economy? What Bad Economy?
Next: Local Skaters To Compete in U.S. Junior Champs

No comments have been posted to this entry.

The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company