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The Paris 2024 Games cost nearly six billion euros in public spending, according to the Court of Auditors.

The Paris 2024 Games cost nearly six billion euros in public spending, according to the Court of Auditors.

The organizing committee estimates the cost of the Games at around 2 billion euros.

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The Olympic rings on the Eiffel Tower, September 6, 2024, in Paris. (THIBAUD MORITZ / AFP)

The Paris 2024 Olympic and Paralympic Games cost nearly six billion euros in public spending, the Court of Auditors announced on Monday, June 23 , in "a preliminary estimate." It thus estimated "organizational expenses at 2.77 billion euros," including 1.4 billion for security, and "infrastructure expenses at 3.19 billion euros." This amount is more than twice that presented in the 2025 finance bill (2.8 billion euros).

"This initial estimate is of particular interest in the context of preparations for the 2030 Winter Olympics," which will be held in the French Alps, the institution commented. No estimate of the public cost of the Olympics had been made until now. In March 2024, First President Pierre Moscovici suggested on France Inter that they could cost "between three, four, or five billion." Until now, only the accounts of the organizing committee (Cojop) at 4.4 billion in expenses (76 million euros in surplus), relying almost entirely on private funding, and those of Solideo (Olympic Works Delivery Company), which includes a public share, were known.

The first figure announced by the Court of Auditors was contested by the Organizing Committee for the 2024 Summer Olympic and Paralympic Games (Cojop). "At a time when political sensitivity over the state of public finances is at its peak, the choice of this partial presentation will introduce into the public mind the feeling that public money has been spent without counting, and without being able to associate each euro invested with the creation of value for the community, and therefore for the taxpayer," writes Tony Estanguet, president of Cojop, in a response attached to the report. " Paris 2024 therefore strongly contests the figure of 6 billion reached by the Court ," he also writes, while Cojop estimates the bill for the Games at around 2 billion euros, according to L'Equipe.

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