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Olympic Committee fears govt threatens competitive sports.

Europe Intelligence Wire

| January 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, January 1 (MTI) - The president of the Hungarian Olympic Committee said the 2005 national budget and the 2004 law on sport were a step back to a centrally regulated sports administration system that devalued civil groups and public initiatives.

The law on sports assigned the Olympic Committee the role of a second-rate subsidiary institution, and the HUF 50m earmarked in the 2005 budget for the Committee was only a fraction of its needs, Pal Schmitt has told MTI in a New Year interview.

He said the 2005 budget halved the state funds available for competitive sports, but said he hoped the decision makers would increase the subsidies by HUF 0.6-0.8bn a few months into the year when they realise competitive sport clubs and federations are fighting for their survival.

Schmitt, the deputy president of the opposition Fidesz party, said ...

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