Keyword: Paris 2024

Golden bonuses and revolving doors: behind the scenes of the Paris Olympic Games bid

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Paris mayor Anne Hidalgo, President Emmanuel Macron and former French Olympics gold medallist Tony Estanguet at an IOC meeting in Lausanne, July 11th.  © Reuters Paris mayor Anne Hidalgo, President Emmanuel Macron and former French Olympics gold medallist Tony Estanguet at an IOC meeting in Lausanne, July 11th. © Reuters

French President Emmanuel Macron on Friday held a party at the Elysée Palace to celebrate the International Olympic Committee’s announcement this week that Paris will host the 2024 summer Olympic Games for the first time in 100 years. But away from the celebrations at the Elysée, attended by former presidents François Hollande and Nicolas Sarkozy and Paris mayor Anne Hidalgo, questions are raised about the financial management of the “Paris 2024” entity that led the French campaign, and the golden bonus payments that its directors are now due to pocket. Antton Rouget reports on the business behind the bid.

Will Paris pay a steep price for hosting 2024 Olympics?

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President Emmanuel Macron with the delegration from the Paris 2024 bid at Lausanne in Switzerland on July 11th, 2017. © Reuters President Emmanuel Macron with the delegration from the Paris 2024 bid at Lausanne in Switzerland on July 11th, 2017. © Reuters

An agreement struck between Los Angeles and the International Olympic Committee (IOC) over 2028 has left the way open for Paris to be the host nation for the 2024 Games. While rival cities have pulled out of the race for budgetary reasons, officials behind the French bid insist they will keep to their budget of 6.6 billion euros. But as Antton Rouget reports, there are nonetheless real risks of an overspend, especially on security.

French PM commits billion euros to 2024 Olympic bid

Manuel Valls said the money would be used to finance infrastucture and long-term construction which would be 'useful' to the population.

France can provide safe Olympic Games in 2024, says Hollande

France has hosted Euro 2016 and 40 world and European championships in recent years, French president told IOC boss at the Elysée Palace.