Budapest City Council Approves Draft Bill On 2020 Olympic Games Bid

The Budapest Business Journal reports Budapest City Council unanimously approved a draft of a bill to prepare the way for Hungary to bid for the 2020 Summer Olympic Games. City council supported the idea of compiling an impact study about the potential Olympic sites, and initiating a law on bidding for the Olympics.

The council decided to mandate Mayor Gabor Demszky to submit the bill to Parliament, which is expected to reach a decision in 2009.

The parties will sign a joint document on the intention to host the Olympics, and send it to the president and prime minister and it would then be up to Parliament to decide whether the city will present an Olympic bid.

Pal Schmitt, President of the Hungarian Olympic Committee and member of the International Olympic Committee (IOC), told the national daily Nepszabadsag that he supported the idea, saying that preparations would involve the construction of several sports facilities in Budapest.

Mayor Demszky told the newspaper that 90 per cent of the transport and infrastructure investment projects required would in any case be indispensable for making Budapest a more comfortable city to live in.

According to a February 2007 press release, a survey by pollsters Szonda Ipsos taken at the time and financed by the Budapest Olympic Movement, showed that 79 per cent of respondents said bringing the Games to Budapest would be one of the greatest success stories in Hungarian history, while 77 per cent said Budapest should bid to host the 2020 Games.

In February 2007 the Budapest Sun reported that a study by PricewaterhouseCoopers concluded that due to Hungary’s economic position, the earliest a viable bid could be made was for 2020.