‘Cities used to covet the Olympic Games. Hosting them meant glamour and prestige.
Not anymore.
Rome became the latest city to abandon a bid for the 2024 Summer Games when it withdrew on Tuesday because of worries over the cost.
Budget concerns have led city after city to drop their Olympic dreams in recent years. Hamburg, Germany, previously bailed on 2024. Stockholm and Krakow, Poland, pulled the plug on bids for the 2022 Winter Olympics, which were later awarded to Beijing.’
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