Monti says Italy 'understands' No to Rome 2020 Olympic bid

 Strasbourg, February 15 - The Italian public understands the hard economic facts that led Premier Mario Monti to scratch a bid for Rome to host the 2020 Olympics, Monti told the European Parliament Wednesday.

"I had to take a difficult decision (to reject) a magnificent project, and there was a lot of disappointment" Monti said.

"But I have the impression that public opinion has understood (why I did so)," he added. Monti failed to give the bid his required endorsement Tuesday, citing financial risks at a time when crisis-hit Italy is enduring tough austerity measures.(ANSA)


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