2026 Milan - Cortina Winter Olympics: Budget Update and Organisational Milestone

The 2026 Milan - Cortina Winter Olympics organising committee has adjusted its budget figures, with the operating budget increasing by 7% to around 1.7 billion euros, excluding infrastructure and venue construction costs. This comes against the backdrop of a decline in Italy's inflation rate, which fell to 1% in 2024 from 5.7% in 2023, mainly due to the 10.1% drop in energy prices after a 1.2% increase in 2023.