Economics

Hungary's PM Wants the Olympic Games

  • Budapest up against Paris, Rome, L.A. to stage 2024 games
  • Organizers' $2.8-billion budget `fanciful,' economist says

Viktor Orban, Prime Minister of Hungary.

Photographer: Sean Gallup/Getty Images
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On the low-slung cement walls of Olympic Park in Budapest, the Hungarian capital itself is notable for its absence among the decorations listing past hosts of the Summer Games.

It’s now Budapest’s turn to run the world’s biggest sporting event, reckons Marianna Lugos, a 67-year-old who was watching children romp across a jungle gym in the park. She supports Prime Minister Viktor Orban’s effort to clinch the games for 2024. Though considered a dark-horse bidder against Paris, Rome and Los Angeles, the government is confident the city of 1.7 million people has a good chance when the International Olympic Committee decides the winner in Peru next year.