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Paris Olympics: Will France's investment ever pay off?

Dagmar Zindel
July 28, 2024

France spent billions to organize this year's Paris Olympics and Paralympics hoping the Games will bring an economic boost. Will the investment pay off?

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To stage the Olympics and Paralympics in Paris this summer, France is expected to around €9 billion ($9.7 billion). That is 15% more than the initial budget but far less than the previous Tokyo Olympics.

Around half the cost estimate is infrastructure improvements and organizational expenses. The French state is hoping to see €11 billion worth of economic benefits from the events, though that is spread out over the next 17 years.

So will the cost be worth it? DW's Business team breaks down how the Olympics could help the French economy.