ATHENS: Several Athens Olympics projects have exceeded initial costs by up to 50 per cent, increasing the likelihood of the Games exceeding its 4.6 billion euro (US$5.60 billion) budget, Greek government officials said on Tuesday.
Deputy culture minister Fani Palli-Petralia said a review of venue construction projects found many to be over budget, in addition to well-publicised delays.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!