London is preparing to host one of the world’s greatest sporting events. The 2012 Summer Olympics kick off later this month, followed by the Paralympic Games. But at what cost?
The bill for the host city is estimated to be in the region of 12 billion euros, which critics say is too high a price to pay.
Organisers argue that the investment will “regenerate” areas and the Games themselves will boost tourism and other business incomes.
Euronews takes a look at why the Olympic legacy remains controversial.