Discussion

Greece cuts Olympic funding

Updated: November 8, 2012, 12:06 PM ET
Associated Press

ATHENS, Greece -- Greece's Olympic Committee says deep funding cuts in the 2013 state budget will hamstring sports federations -- less than a decade after hosting the 2004 Games.

Committee officials say federations will be unable to function next year when their share of state funding will shrink to about $19 million from $44.6 million in 2012.

That represents a 75 percent cut from 2009, committee deputy chairman Sakis Vassiliadis said a news conference on Thursday.

"We had ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

MORE OLYMPICS HEADLINES

MOST SENT STORIES ON ESPN.COM