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France’s court of auditors estimates $6.8 billion public spending for 2024 Paris Olympics
ÎLE-DE-FRANCE, FRANCE, JUN 23 – The Court of Auditors reports €2.77 billion spent on event organization, including €1.4 billion for security, with infrastructure investments totaling €3.19 billion, highlighting fiscal transparency.
- On June 25, 2025, France's Cour des Comptes published its initial assessment of the public funds allocated for the 2024 Paris Olympics and Paralympics.
- This assessment follows earlier projections by Pierre Moscovici, who estimated state costs at three to five billion euros, with the Games concluding in summer 2024.
- The court reported near €6 billion spent, including €2.77 billion on organizing the events and €3.19 billion on infrastructure, while only COJO costs of €4.4 billion have been public.
- Tony Estanguet, former COJO head, contested the court's figures, arguing public savings if Games were canceled would be much less than €6 billion, and organizers estimated costs below €2 billion.
- The Cour des Comptes calls for prompt state evaluation of economic impacts, with detailed reports due in October 2025 and on Games legacy in 2026, as some costs and benefits remain unassessed.
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A report by the Court of Auditors estimates the cost of the Olympic and Paralympic Games for public finances at €6 billion. The bill for the taxpayer initially promised by the organizers of the event was three times less.
·Paris, France
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According to the Court of Auditors, the 2024 Olympics cost three times as much as expected. The financial court estimates the public expenditure incurred for the event to be €6 billion, an amount contested by the organizers.
The Olympic and Paralympic Games in Paris 2024 cost almost six billion euros of public money, much of which for the safety of this out-of-standard event, announces Monday the Court of Auditors in "a first estimate". ...
·Brussels, Belgium
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Total News Sources53
Leaning Left12Leaning Right7Center21Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 30%
C 53%
R 17%
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