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French Court of Auditors Estimates Nearly €6 Billion Public Spending for 2024 Paris Olympics, Three Times Original Estimate

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Updated Jul 5, 2025, 06:56 PM

The French Court of Auditors has released an initial estimate placing the public spending for the 2024 Paris Summer Olympics and Paralympics at nearly 6 billion euros ($6.8 to $6.9 billion). This figure is approximately three times higher than the originally projected cost of around 2 billion euros. A substantial portion of the expenditures was allocated to security and transportation. The Paris 2024 organizing committee has contested this estimate, arguing that some costs attributed to the Games are exaggerated or not directly related. Despite the higher-than-expected public outlay, the Games were successfully hosted, and France is preparing to host the 2030 Winter Olympics in the French Alps. The report has sparked debate about the financial burden on taxpayers and the feasibility of hosting large international events given the country's significant debt levels.

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#French Court of Auditors #Paris 2024 #Games #France #2030 Winter Olympics #French Alps

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“It's really dismal to pay more than one billion euros for a swim in the Seine that will last 15 days in the year”, says @SarahSaldmann lawyer and author of the book “The right law in all seasons” (Robert Laffont, April 2025) (Robert Laffont, April 2025) in #Europe1SoirWE with

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“There is no reason to put a Palestinian flag among these anti-A69 protests,” says @SarahSaldmann lawyer and author of the book “The right law in every season” (Robert Laffont, April 2025) in #Europe1SoirWE with @glariche #Europe1

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“We have the impression that residents around the A69 are going to be very favored by the highway and that they depend on the car”, says @JulesTorres17 political journalist to JDD in #Europe1SoirWE with @glariche #Europe1

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9 days ago•Latest version

French Court of Auditors Estimates Nearly €6 Billion Public Spending for 2024 Paris Olympics, Three Times Original Estimate

9 days ago•Original version

France’s Court of Auditors Estimates Nearly €6 Billion Public Spending for 2024 Paris Olympics, Three Times Original Estimate

French Court of Auditors Estimates Nearly €6 Billion Public Spending for 2024 Paris Olympics, Three Times Original Estimate

Financial Analysis

Associated Financial Markets

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