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≡ INTEL REPORT ≡
The question of the French government guarantees for the 2030 Olympic Winter Games, the last hurdle before the French Alps bid could be finally concluded, was closed on Wednesday.
New Prime Minister Michel Barnier, who was the co-President for the 1992 Winter Games in Albertville, submitted the required letter on Wednesday, reading (computer translation from the original French):
“In my capacity as Prime Minister, and taking into account the decision of the International Olympic Committee (IOC), during its session on July 24, 2024, to retain France as host country for the Olympic and Paralympic Games (Alps 2030), I confirm and undertake to guarantee the financing of any possible budget deficit of the organizing committee of the Olympic Games (OCOG).
“This commitment includes reimbursements to the IOC of advances or other contributions paid to the OCOG by the IOC, which the latter may have to reimburse to third parties in the event of an unforeseen event such as a total or partial cancellation of the Olympic and Paralympic Winter Games. 2030. The budgetary commitments corresponding to this letter of guarantee will be specified within the framework of the public finance law for 2025, which must be approved by Parliament.
“Please accept, Mr. President, the assurance of my highest consideration and my friendly sentiment.
“Michel BARNIER”
OK, that’s done. The XXVI Winter Games are slated for 1-17 February 2030, with venue groups in Nice, Briancon, Savoie and Haute-Savoie.
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