Change in manat rate didn’t affect funding for Baku 2015 European Games
Baku, Azerbaijan, Apr. 20
The change in Azerbaijani manat rate in February had no impact on the financing for works and holding the Baku 2015 European Games in June, said Azerbaijan's Youth and Sports Minister Azad Rahimov at a press conference Apr. 20.
He said Azerbaijan's budget is capable of funding all the planned works as part of the First European Games.
Baku 2015 is the first-ever European Games, an exciting and innovative multi-sport event for the continent, which will take place on June 12-28, 2015.
There will be a total of 20 sports at Baku 2015: 16 Olympic sports and four non-Olympic sports. More than 6,000 athletes from across Europe will be representing their nations over 17 days of competition. Baku was awarded the games by the European Olympic Committees (EOC) in December 2012.