Sunday, May 13, 2012

Putin calls Sochi delays 'unacceptable'

MOSCOW — Russia President Vladimir Putin on Friday warned construction companies working in the 2014 Olympic city of Sochi against inflating prices and lagging behind schedule.

Putin has been a key backer of Sochi's bid to host the Olympics and has personally overseen most of the preparations.

A day after the authorities announced they had foiled a terrorist plot on the Olympic city, Putin went to Sochi to inspect sites for the Winter Games and chide construction companies. He reminded their executives they are responsible for the bills they submitted to the government years ago, and warned against inflating prices in the final months of building the Olympic infrastructure in the Black Sea resort.

"I'm aware of the desire of some ordering parties and subcontractors, to increase the cost of the sites now, in the final stages of the construction," Putin said in televised remarks. "This is unacceptable."


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