Paralympics: Athletes offered grants worth $2 million to offset COVID-19

FILE PHOTO: Thomas Bach, International Olympic Committee (IOC) President visits the National Stadium, the main venue for the 2020 Olympic and Paralympic Games, in Tokyo, Japan November 17, 2020. Behrouz Mehri/Pool via REUTERS

TOKYO (Reuters) - The International Paralympic Committee (IPC) announced on Thursday an unprecedented grant package worth 1.8 million euros (1.63 million pounds) to compensate losses from the coronavirus.

With the Tokyo 2020 Games postponed until next year because of the pandemic, the IPC's more than 200 federations, along with National Olympic Committees, have suffered huge losses.