: :inin Kyiv (EET)

Oligarchs unload Sochi Olympics assets to recoup investment


SOCHI, Russia (AP) — The ski jump sits shrouded in mist, its coat of snow undisturbed by any athletes hurtling down the ramp to take off into the air.
A year ago, the jump bustled with activity at the Sochi Olympics as the world’s best ski jumpers — including women, for the first time — competed for gold. But it made some unwanted history as well, becoming a stark symbol of how some of the plans for President Vladimir Putin’s $51 billion Winter Games went terribly wrong.
The cost of the facility soared during construction from $40 million to nearly $300 million. …read more

Source: KXAN

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