The Olympic Games and Paris Paralympics next summer will cost the French public treasury between 3,000 and 5,000 million euros, the president of French Court of Auditors, Pierre Moscovici.
In an interview with public broadcaster France Inter, Moscovici said that “these Games should cost three, four or five billion,” although they “still don’t” know their cost, he said.
“The Court (of Auditors) will audit it after the Games, added Moscovici, former Economy Minister and former European Commissioner for Economic Affairs.
However, he emphasized that the Olympic bill would have a “moderate” impact on French public debt.
These statements come on the same day that it was announced that the French public deficit will increase to 5.5% of GDP in 2023 (six tenths more than expected) and that the country’s public debt will reach 110.6% of GDP in end of 2023. end of 2023. last year.
He Organizing Committee of the Games also keeps a pulse on the Ile-de-France region (responsible for public transport in and around Paris) to allow free travel on the metro, buses, buses and commuter trains to people with official accreditation for the event. , which is estimated at 200,000.
However, the president of the region, the conservative Valerie Pécresse, Yesterday he rejected that idea, which is estimated to cost around 10 million euros.
“I tell the Committee to optimize its income and for sponsors to roll up their sleeves. I think there is enough income margin” to have free transportation for those accredited, said the president of the region in a press conference.
Source: La Verdad

I’m Jason Root, a professional writer working with Today Times Live, the premier news website. I specialize in sports writing, covering the biggest stories in the world of athletics. With an eye for detail and a passion for storytelling, I provide engaging and informative articles that capture the key elements of any event or issue. My work has been featured on numerous respected websites and publications around the world.