Olympic movement shows support for Rio 2016
IOC President Thomas Bach stressed the importance of the Olympic family working together (Photo: Getty Images/Matt King) IOC and International Federations working with Rio 2016 to find intelligent solutions to budgetary challenges. “The Olympic movement will show solidarity with the Brazilians in order to achieve a balanced budget, which will then serve as a solid foundation for the next six months to have finally successful and excellent Olympic Games in Brazil,” said Thomas Batch, the president of the International Olympic Committee (IOC) this week. On Monday and Tuesday (1-2 February) Rio 2016 met with representatives of the 28 Olympic summer sport International Federations (IFs) in a joint effort to deliver efficiencies in the budget for the Olympic Games. In line with the IOC’s Agenda 2020 reforms, strategies for maintaining a balanced budget were the focus of the meeting at the IOC headquarters in Lausanne, Switzerland. The parties worked together to find creative so