Yehay,Austerity all round.
The project has an estimated cost of 94 million euros ($135 million) and will be partly subsidised by the Greek state.
The track, designed to accommodate Formula One races as well as motorbike and cart events, will be built near the town of Farres, some 20 kilometres (12 miles) southeast of Patras.
I am sure Hockenheim and Nuremburg will be delighted
3 comments:
I don't see why you think a partially subsidised sports arena thing is such a bad idea in a country suffering from financial difficulty. Sporting arenas can bring in large amounts of revenue (and paying punters who buy stuff and inject cash into a country or location) for a place. It worked a treat in Manchester after the Commonwealth games.
You really don't seem to have much understanding of economics.
Tear down the debt - Let's cut the Marzipan:
http://www.youtube.com/watch?v=99l73gfJ0VU
Going to a casino might also bring in large amounts of revenue, doesn't mean it's a good idea.
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