July 28, 2024
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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.