Kozak denies halt of Olympic construction in Sochi

Read on the website Vestnik Kavkaza

Vnesheconombank has not halted financing of Olympic facilities, Russian Vice Premier Dmitry Kozak said at an extended session of the State Council at the Kremlin today, Gazeta.ru reports.

Kommersant published an article stating that the bank promised to grant 107 billion rubles for construction of Olympic facilities, but halted the process in early 2012.