Krakow drops Olympic bid following referendum


KRAKOW Poland (Reuters) - Authorities in the Polish city of Krakow have said they are pulling out of the race to host the 2022 Winter Olympics after a majority of the city's residents voted against the bid in a referendum over the weekend.

The head of the Olympic Committee in neighbouring Slovakia, which was bidding to be co-host, said he believed Polish citizens were put off by the $50 billion spent by Russia to stage the Sochi Games this year.

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