Winter Olympics in Sochi, Russia a year away

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Updated: 2/14 3:49 pm
(KMTR) Russia's President toured Olympic sites in Sochi today. The city will host the 2014 Olympics games, which will begin in just about a year.

Most of the venues have been built for the games since Sochi was awarded them in 2007.

The price-tag for the games has raised concerns.  The current overall cost is 51-billion dollars.

That's more than four times as much as Russia estimated when it was awarded the Olympics in 2007.

At least half of the money for the Sochi Olympics is reportedly coming from the state, and most of the rest has been put forward by state-controlled companies and Russian tycoons.

 

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