News

Oslo votes to bid for 2022 Winter Games

Oslo votes to bid for 2022 Winter Games

Anais Caradeux of France competes in the women's Ski Halfpipe event at the FIS Freestyle World Ski Championships in Oslo, Norway, Tuesday March 5, 2013. Photo: Associated Press/Stian Lysberg Solum/NTB scanpix

OSLO (Reuters) – Oslo residents have voted in favor of bidding for the 2022 Winter Olympics and Paralympics, the Norwegian capital hoping to bring the event back to the Nordic nation of five million for a third time.

With nearly all the votes counted by Monday night, 55 percent of Oslo voters supported the bid in a city-wide referendum, a big turnaround compared to earlier opinion polls that showed that high costs had turned many voters off.

“They say the budget will be 30 billion crowns ($4.98 billion) so you can expect it to blow out to twice that before we’re done,” 28-year-old store clerk Frida Nilsen told Reuters. “That seems to be a lot of money for a two-week party.”

Only Almaty in Kazakhstan has formally applied to host the 2022 Winter Olympics while Barcelona and Munich are also considering bidding.

Norway has hosted two Winter Olympics before, Oslo in 1952 and Lillehammer in 1994, and said it would rely primarily on existing facilities for the 2022 event.

With a huge offshore oil sector filling state coffers, Norway is one of the few countries in Europe that can actually afford to host an Olympics.

The country has saved up $750 billion in a sovereign wealth fund, or about 150 percent of its gross domestic product, and petroleum revenues are expected to flow into the budget well into the next decade.

Applications for the 2022 Games are due later this year and the International Olympic Committee (IOC) is expected to select the host city in 2015.

The next Winter Olympics will be held in Sochi, Russia in February.

Recent Headlines

in Music

Documentary on Nirvana’s Kurt Cobain to air on HBO

cobain

The first documentary made with the cooperation of Kurt Cobain's family will be released next year.

in Black Friday, Entertainment

PHOTOS: Macy’s Parade through the years

AP970543650046_2

For 88 years the iconic Macy's Parade has been a Thanksgiving tradition.

in Entertainment

William Shatner needs your help to publish his book

shatner

The "Star Trek" star wants to publish a book explaining the mysteries of modern technology.

in Entertainment

‘Horrible Bosses 2′ reunites goofball trio for kidnapping comedy

horribleboss

After an unsuccessful attempt to murder their "Horrible Bosses" in the 2011 hit comedy, buddies Nick, Kurt and Dale reunite.

in Sports, Viral Videos

Dude Perfect: Seattle Seahawks edition

11-overlay4

Super Bowl QB Russell Wilson hits insane targets, draws a Seahawk, sings "Sweet Home Alabama" and more!