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    Most Russians Critical of Sochi Olympic Spending – Poll

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    Almost two-thirds of Russians think government money is being put to poor use on preparations to host next year’s Winter Olympics, pollsters said on Thursday.

    MOSCOW, June 27 (R-Sport) - Almost two-thirds of Russians think government money is being put to poor use on preparations to host next year’s Winter Olympics, pollsters said on Thursday.

    The Games are set to be the most expensive in history, and 65 percent of those questioned said the government's spending was either “ineffective,” “completely ineffective” or even “simply being stolen,” an opinion voiced by 19 percent of respondents.

    Just two percent rated the spending “very effective” and another 20 percent “fairly effective.”

    The question referred solely to the federal budget money set to be spent on the Olympics, predicted to amount to 700 billion rubles ($21 billion). The total budget is around $46 billion and much of the non-budget funding comes from state-run companies.

    The Russian numbers have echoes of Britons' lack of confidence before hosting the London Olympics in August last year. Four months before the opening ceremony, pollsters found 64 percent of British adults thought London 2012 cost too much - but four months after the Games ended, another poll found 80 percent rated them good value for money.

    Russia’s first Winter Olympics have attracted repeated claims of large-scale corruption. A report last month authored by opposition leader and former minister Boris Nemtsov claimed as much as $30 billion may have gone missing, but did not provide hard evidence.

    Despite the lack of faith in fiscal prudence at the Olympics, 62 percent of Russians questioned in Thursday's poll said they remained proud of hosting Sochi 2014, although that was a drop of six percentage points on last year.

    The poll was conducted by the Levada Center, an institute independent of the Russian government, which questioned 1,601 people and reported a margin of error of 3.4 percent.

    The Sochi Olympics will be held from February 7 to 23 next year.

    Tags:
    London Olympics, Olympics in Sochi 2014, Levada Center, Boris Nemtsov
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