Olympics-Cash-strapped Madrid ready to host Games, bid team say

Olympics-Cash-strapped Madrid ready to host Games, bid team say

MADRID, Jan 8 (Reuters) – Madrid will be capable of staging a successful 2020 Olympics despite the parlous state of Spain's finances, officials behind the city's bid said on Tuesday. "Today the biggest weakness we have is the economy but we can overcome it," Spanish Olympic Committee (COE) president Alejandro Blanco told a news conference, a day after Madrid's bid dossier was handed to the …

Olympics-Cash-strapped Madrid ready to host Games, bid team say

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