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International Business Times
International Business Times
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AFP News

Paris Olympics To Cost Taxpayers 3-5 Billion Euros: Auditor

A protester holds a banner reading 'Cash for civil services, not for the Olympic Games' during a demonstration last week (Credit: AFP)

The Paris Olympics this year are expected to cost the state between 3-5 billion euros ($3.2-5.4 billion), the French national auditor said Tuesday as new figures revealed the country's widening debt levels.

"We still don't know the cost of the Olympics," Pierre Moscovici, the head of the auditing body, told France Inter radio. "These games will cost between three, four or five billion euros."

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