Putin opposed to increase of Olympic expenses

Russian President Vladimir Putin said that increase of expenses for construction of Sochi 2014 Olympic facilities is unacceptable, RIA Novosti reports.

The president ordered Olimpstroy and other interested state structures to take all measures needed to make companies involved fulfill their obligations. Putin added that each case needs an individual approach.

Violation of construction terms should be a signal for need of additional financial guarantees, he said.

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