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> The Hungarian government has opted out of the race to host the 2024 Olympics, blaming a lack of national and political unity. Budapest, considered a long shot win, found it difficult to garner home support. As a group of young professionals collected a quarter of a million signatures to push for a referendum on holding the games.
Their so called momentum movement burst on to Hungary's political scene to challenge right wing Prime Minister Viktor Orban, says Reuters correspondent Christina Thorne in Budapest>> This was their first major campaign or initiative and now they want to form a political party next month. And they are not taking the Olympic dream as such, but they are saying that Hungary is not yet prosperous enough.
And there are other issues like healthcare or education which should get more money now. And Hungary should apply to host the Olympics Once it's more prosperous.>> Disappointed with cronyism and corruption in the government and the short sighted policies of the opposition parties. Momentum is backed by 1,800 volunteers and around $60,000 in cash raised through Internet crowd funding.
>> They were really well organized, so this one month campaign was really intensive and they were out in the streets. And secondly, because there are lots of undecided voters in Hungary and there are lots of people who are in a political apathy.>> A survey showed half of Hungarians were against Budapest playing Olympic host with only a third supporting it nationally.
56% of voters were against the bid in the city itself. Hungary isn't the only one to withdraw, Boston, Hamburg, and Rome already pulled out, a blow to the Olympic bid process. Now, just LA and Paris are competing to win.