Jacques Rogge

IOC President Bach to be reelected in Athens in March

International Olympic Committee President Thomas Bach is set to remain in office until 2025 as he will run unopposed next year for a second term, the IOC said on Tuesday.

Bach succeeded outgoing president Jacques Rogge in 2013 after prevailing over five other candidates in an election in Buenos Aires.

Report argues 2004 Games boosted GDP

Gross domestic product would have been 2.5 percent lower and employment would have been reduced by 44,000 jobs had the 2004 Olympic Games not been staged in Athens, according to the conclusions of a report by the Foundation for Economic and Industrial Research (IOBE) on the event?s impact on the Greek economy.