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Oslo out of running for 2022 games
02 Oct 2014 11:11
Oslo has become the latest city to officially withdraw from the race to host the 2022 Winter Olympic Games.
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Organisers said they were left with no choice but to pull out after Norway's ruling Conservative Party said it could not support the necessary financial guarantees.
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Public support had dwindled for the project since this year's lavish Winter Olympics in Sochi, which are estimated to have cost in the region of €40billion.
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A statement from Oslo City Council read: "It has now become known that the Conservative Party parliamentary group has recommended not to grant a state guarantee for the Olympic and Paralympic Winter Games in 2022.
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"[There is] no longer any realistic possibility that Parliament will go in for an Oslo Olympics in 2022, and Oslo will withdraw the application for government guarantees and subsidies."
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Oslo becomes the fourth city to withdraw from the official 2022 bidding process after Krakow, Lviv and Stockholm also signalled their intention not to continue.
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Beijing - which is bidding to become the first city to host both a Summer and Winter Olympics - and Kazakhstan capital Almaty - are the only cities to remain in the race.
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The International Olympic Committee will elect the host city at its IOC Session in Kuala Lumpur on July 31 next year.
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