Prague loses 2016 Olympic bid

The International Olympic Committee has failed to put Prague on a shortlist of candidates for the 2016 Olympic Games – this puts an official end to Prague’s official bid. The controversial proposal had ceased to become realistic in recent months, with the slow downscaling of financing to promote the Games in Prague. Meanwhile, the bid also received much criticism from within the country, with many noting that Prague was simply to small a city to host such a seismic global event.