Rattled by protests,Budapest not to bid for 2024 Olympics

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Budapest has given up its bid to host the 2024 Olympic Games, a Hungarian government spokesman has finally confirmed. This move comes after more than 260,000 people had signed a petition against the Budapest’s plan to stage the mega sporting event.

The NOlympia campaign, which was started by the left-wing Momentum Movement, argued the money used on hosting the Olympics could be better spent on education, healthcare, housing, transport and social programmes.

Los Angeles and Paris are the other bidding cities after Hamburg pulled out in 2015 followed by Rome a year later.

The International Olympic Committee (IOC) will elect the winner at a vote in Lima, Peru, in September 2017.

Hungarian government spokesman Zoltan Kovacs told Reuters a decision to drop the bid was made after a meeting between Prime Minister Viktor Orban, Budapest Mayor Istvan Tarlos and the Hungarian Olympic Committee.

The decision to drop the bid will be formally voted on by the Budapest City Assembly.

Fidesz, the governing party, said the decision was made to avoid “a loss of international prestige” as the bid had a very small chance of success.

Hungary is the only one of the 10 most successful medal-winning countries at the summer Olympics never to have hosted the event.