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Olympic Problems

Olympic Problems

The 2006 Winter Olympics had a few minor problems including the threat of bankruptcy and the weather

The financial situation of the Organizing Committee has gradually become more and more difficult. Italy's draft budget for 2006 did not include the government's promised final 40 million euro allocation to Olympic organizers. This shortfall could have led the Torino 2006 Games to declare bankruptcy. The concerns went as far as starting to define the first step of a bankruptcy procedure for Torino 2006, which could have happened if the organizing committee had failed to approve its budget at a January 20, 2006 board meeting. In the end, the Italian Government promised to cover the shortfall.

As far as the weather was concerned, a number of Alpine competitions were delayed because of low visibility caused by snowfall. Despite these events being postponed, most were later held in better weather without any problems.