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Sports

Rome mayor kills off bid for 2024 Olympics

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Opening sequence

Sports

Rome mayor kills off bid for 2024 Olympics

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COMING UP:Rome mayor kills off bid for 2024 Olympics

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00:00:00
>>
FOREIGN]
00:00:37
>>
APPLAUSE
>> Virginia Raggi became one of the most prominent faces of the anti-establishment five-star movement when she won the election to be Mayor of Rome in June. Her party has always based its appeal on a promise for honesty and transparency. And a break from the past of perceived corruption and parties who were out to serve their own interests.
00:01:02
Rome is not the first city to drop out of the running to host the 2024 Olympics. It follows Boston and also Hamburg, which have already retracted their bids. The field is now open, just to Budapest, Los Angeles, and Paris. And Los Angeles looks like it's firming up to be the strongest contender.
00:01:22
There is some concern among the organizers of the Olympic Games that the event is losing some of its luster as cities drop out, concerned about the extreme scale of the event, the high costs, and the complexity of hosting something like it. The most recent games in Rio de Janeiro cost around $12 billion in total.
00:01:44
And the previous Olympic Games in London in 2012 cost about 9 billion pounds. It's not clear yet whether Raggi will have to go to her counselors and ask for another vote after there was a vote approving the original bid in June last year.>>