Skip to main content

Annecy Chamonix Olympic 2018

Today the cost of the French 2018 Olympic bid will be revealed, and it seems that the balance sheet will be positive.
 
While a deficit of 463 000 euros was expected for the Annecy 2018 bid, the mechanism for contributing companies to recover their VAT appears to have left a surplus of around 300,000 euros. This amount will be shared between the five members of the Economic Interest Group of the bid: the city of Annecy, the Department of Haute Savoie (General Council), the Rhône-Alpes, the CNOSF (National Olympic Committee French) and the French state.