Hosting the Olympic Games can lift a city to new heights in terms of public awareness and prestige – but what goes up often comes crashing back down. Athens, which hosted the games in 2004, is a classic example of post-Olympic economic woe.
“In all Olympic Games there’s tremendous investment in the city and regional infrastructure. That dries out immediately after the event, so there’s a slowdown in economic activity,” said Dr Eleni Theodoraki, a sports management ...
“In all Olympic Games there’s tremendous investment in the city and regional infrastructure. That dries out immediately after the event, so there’s a slowdown in economic activity,” said Dr Eleni Theodoraki, a sports management ...
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