Olympics - French PM pledges 1 bil­lion eu­ros to Paris 2024 bid

Malta Independent - - SPORT / CLASSIFIEDS -

French Prime Min­is­ter Manuel Valls pledged one bil­lion eu­ros of sup­port from the govern­ment for Paris’ bid to host the 2024 Olympic Games. In a coun­try often rocked by so­cial con­flicts and strikes, Paris bid lead­ers also an­nounced on Fri­day they struck a deal with France’s five main trade unions. Paris bid lead­ers said the “so­cial pact” sealed with the trade unions will guar­an­tee a “smooth and ef­fec­tive games-time oper­a­tion” and ben­e­fit jobs cre­ation. At a news con­fer­ence near the planned sites for the Olympic vil­lage and me­dia cen­ter, Valls said the state fund­ing rep­re­sented two thirds of the public money in­vested in the bid. The in­fra­struc­ture bud­get for the games is ex­pected to to­tal 3 bil­lion eu­ros, with op­er­a­tional costs of 3.2 bil­lion eu­ros.

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