The olympic Games, The International Olympic Committee (IOC) has set Tuesday afternoon, confirmed that the Olympic Games this summer in the Japanese capital city of Tokyo have been postponed, for instance, the international olympic committee announced in a press release.

“in light of the current circumstances and on the basis of the information that we have received from the world health organization (WHO), the Japanese prime minister minister shinzo Abe and the international olympic committee president Thomas Bach ruled that the Play was not in 2020, it can take up to postponement until the summer of 2021. In this way, the safety and security of the athletes and all involved parties to ensure”, says the statement.

Substantial loss to

To date, there is not, at the moment. “A number of options will be discussed by our co-ordinating committee and the Japanese organizing committee,” said IOC president Bach, dienog do not meet the financial consequences wanted to think about the far-reaching decision was made. “It’s going to be the protection of people’s lives. That is currently our number one priority, not the money,” said the German.The postponement of the Games to 2021 will be for the international olympic committee and the host country, Japan, is expected to cost billions. Japanese experts have figured out that the postponement of the country’s 640 to 670 billion yen (5.3 million to 5.6 million) would be incurred. Officially, the organizing committee of 11.5 billion euros in the Play can be pumped, but estimates stand at double that amount. In addition, there are also investments in tourism and infrastructure.