On the third day of the IOC’s technical tour of Paris, IOC evaluation commissioners were told by France’s Prime Minister Lionel Jospin that France would guarantee the financial health of the 2008 Games if they were held in Paris.
Hein Verbruggen, head of the technical team, described the guarantees as “very strong”.
Jospin said, “if unforeseen difficulties arose, the government would guarantee all of the organizing committee’s potential deficit”.
Verbruggen said, “this meeting was very useful for us”. It was his first public comment since arriving in Paris.