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Rogge: IOC met economic challenges

Updated: October 1, 2009, 4:05 PM ET
Associated Press

COPENHAGEN -- IOC president Jacques Rogge said Thursday the group has "met the challenges" of the global economic downturn and that the Olympic movement is as strong as ever.

"Like every other major organization, we have felt the effects of the global economic downturn," Rogge said at the opening ceremony of the 121st IOC session. "We have met the challenges together, and our movement is as strong as ever.

"The International Olympic Committee has maintained a solid financial foundation, ...

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