How Much Did Greece Spend on the 2004 Athens Olympics?

Hosting the 2004 Athens Olympics was a momentous occasion for Greece, but it came with a hefty price tag. Greece spent an estimated €12.9 billion (US$15.6 billion) on the organization, infrastructure, and security measures required for the Games.

The largest expense was the construction of new venues and infrastructure. Athens Olympic Sports Complex, which included the main stadium, cost an estimated €5.3 billion. Other major projects included the Olympic Village (€2.4 billion), the Hellinikon Olympic Complex (€1.9 billion), and the Athens International Airport (€1.3 billion).

Security costs were also substantial, with Greece spending €1.2 billion on security personnel, surveillance equipment, and counterterrorism measures.

The Athens Olympics also required significant investment in transportation, including the expansion of the Athens Metro, the construction of new roads, and the purchase of buses and trains.

Despite the high cost, the 2004 Athens Olympics were considered a success in terms of organization and attendance. The Games attracted over 10 million visitors to Greece and helped to boost the country's economy.

  1. What was the largest expense of the 2004 Athens Olympics?
  2. What was the cost of the Athens Olympic Sports Complex?
  3. What percentage of the total budget was allocated to security?
  4. What transportation projects were undertaken for the Olympics?
  5. Did the Athens Olympics have a positive impact on the Greek economy?
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