Economy
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Dec 01, 2010
alpMedia
Switzerland is once again discussing its candidacy for the 2022 Winter Olympics. Environmental organisations are warning against the ecological and economic repercussions. Even Marco Blatter, former CEO of Swiss Olympic, has been quoted on Swiss radio, saying that he was glad the 2006 Games were not held in the Valais. He added that in Turin/I the Games had grown out of all proportion. "With all the infrastructure investments Turin cost around CHF 4.5 bn; Vancouver is costing around CHF 6 bn; and Sochi 2014 is officially budgeting for CHF 13 bn," reports Switzerland's SonntagsZeitung.