NAMES IN THE GAME
Norway dropped plans to bid for the 2018 Winter Olympics on Monday after new estimates doubled the projected cost of hosting the games in the Arctic city of Tromsoe.
"It was a difficult decision," said Tove Paule, president of the Norwegian Olympic and Paralympic Committee and Confederation of Sports.
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Last week, a government-commissioned study estimated the cost of hosting the 2018 Games to be about $4.9 billion, or nearly double the figure used by the Tromsoe organizing committee.
In March 2007, the Olympic committee picked Tromsoe, about 250 miles north of the Arctic Circle, as Norway's 2018 candidate city over the central Norwegian city of Trondheim and the capital Oslo, which hosted the 1952 Winter Games.
Before Norway could formally bid for the games it would have needed economic guarantees from the Norwegian government and parliament. The Olympic committee said it voted 9-3 Monday to withdraw its request for guarantees because the games would cost too much.