FIRST AIRED: February 23, 2017

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00:00:01
>> Budapest may be poised to withdraw its own bid to host the 2024 Olympics, fearing a repeat of the drama that accompanied recent past games. Activists say over 266,000 Hungarians signed a government petition to put the decision to a national referendum, well above the government's threshold. Reuters chief correspondent in the country, Krisztina Than, explains.
00:00:25
>> They looked at other games, previous games, which were costly for taxpayers, for example in Athens, and also they looked at the corruption angle. Because they fear that such a great event which involves so much money could boost corruption.>> The government in the city of Budapest previously supported hosting.
00:00:44
But now momentum seems to be swinging in the other direction. A local media poll released last week suggests 51% of the city's residents favor withdrawing, up from 31% in September. It's up to the national government on whether it goes to a vote. And Prime Minister Viktor Orban's personal feelings are unknown, only saying he'd respect the will of the people.
00:01:06
>> It's not clear what the government's move will be. The ruling part, it seems to be distancing it self from the Olympic bid. And the Budapest mayor, before the announcement of the exact number of signatures, he said that If there is a referendum or if enough signatures are collected to force referendum, that he will very seriously consider the possibility of withdrawing the bid.
00:01:31
>> Budapest wouldn't be the first to withdraw. Hamburg in Germany left the race after its own referendum in 2015. And Rome's mayor ended that city's bid to honor an election promise.