Rio Olympic Cost Overruns Reach $1.6 Billion: Oxford StudyBy
Rio 2016 games to be 51% more expensive than budgeted
Olympic games always costlier than expected, study finds
A study from Oxford University’s business school found that the Rio 2016 games will cost $4.6 billion, or an overrun of 51 percent for a country that is facing a second year of economic contraction.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- This $14 Million Atlanta Home With Bunker Is ‘Safest in America’
- GE's New CEO Vows Sweeping Change After ‘Unacceptable’ Report
- These Cities Make NYC Housing Look Dirt Cheap
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- Separatists Pledge to Fight On After Spain Moves to Oust Catalan Leaders