Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The Greek government promised Wednesday to cover any extra costs for the Olympic organising committee in another apparent sign of an escalating budget for the 2004 Games.
"The additional funds will be covered by the Greek state," said government spokesman Tilemahos Hitiris following a meeting between Premier Costas Simitis and top finance and Olympic planners.
Bailing out the Olympic organisers could pose another fiscal burden on the government, which is in charge of building most Olympic venues and is reportedly struggling with rising costs.
Greece has already agreed to a 1.5 billion euro ($1.57 billion) loan from the European Investment Bank to handle Olympic projects.
But Culture Minister Evangelos Venizelos insisted the budget of 4.6 billion euros ($4.92 billion) will not increase.
The budget of the organizing committee is nearly 2 billion euros ($2.09 billion). More than 80 percent of the money comes from television rights, sponsors, tickets and commercial use of the 2004 emblem, Hitiris said. The state is to cover at least 14 percent.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments