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New mayor kills off Rome's bid for 2024 Olympics | Webmarked News

New mayor kills off Rome’s bid for 2024 Olympics

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Rome’s new mayor, Virginia Raggi, has decided to oppose its bid to host the Olympics, a new blow to the 2024 Games after the withdrawal of Boston and Hamburg.

New mayor kills off Rome’s bid for 2024 Olympics

SHOWS: ROME, ITALY (SEPTEMBER 21, 2016) (REUTERS – ACCESS ALL)

1. (SOUNDBITE) (Italian) ROME MAYOR VIRGINIA RAGGI SAYING:

“What these Olympics, what Olympics require, is taking on additional debt. New debt for Romans and for all Italians, that is what we are asked to take on. Sincerely, we don’t feel that is right. It is too often forgotten that the funds that need to be invested come from the taxes paid by all the Italian people, all Romans. Not only that, but the city itself would need to continue investing its resources in projects that are far removed from the interests of the local citizens.”

STORY: Rome’s new mayor, Virginia Raggi, pulled the plug on the city’s bid to host the 2024 Olympics, saying staging the summer games would bury the Italian capital under mountains of debt and tonnes of cement.

The decision represents a blow to the International Olympic Committee, which has already seen Boston and Hamburg abandon their 2024 bids, and is struggling to convince potential host cities that it is worth putting on the sporting extravaganza.

“What these Olympics, what Olympics require, is taking on additional debt. New debt for Romans and for all Italians, that is what we are asked to take on. Sincerely, we don’t feel that is right. It is too often forgotten that the funds that need to be invested come from the taxes paid by all the Italian people, all Romans. And not only that, but the city itself would need to continue investing its resources in projects that are far removed from the interests of the local citizens,” said Raggi, whose anti-establishment 5-Star Movement took power for the first time in Rome after a landslide victory in local elections in June.

Italian Prime Minister Matteo Renzi had championed Rome’s challenge, but he needed the backing of the city council to press ahead. Raggi’s decision means only Paris, Los Angeles and Budapest are left in the running to stage the 2024 games.

The International Olympic Committee is due to select the 2024 host city in September 2017.

Tags : olympics, 2024, Romes, kills, Mayor

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