Construction of Vancouver Olympic village cannot be finished due to financial crisis

The Olympic village in Vancouver cannot be built in time. The organizers cannot pay the builders who have exceeded the budget of 100 million dollars due to the financial crisis. Another organization is going to continue the construction. The shortage is already 193 million dollars. According to the calculations made during the period of economic prosperity last summer, the city was supposed to make 65.5 million dollars only on flats in the Olympic village.

"Pressball"