Home Page
 
News 17 Aug 12

Serbia Hands Real Estate to Olympics Winners

Belgrade is not only giving its London Olympics winners generous cash prizes - but is even throwing in private apartments.

BIRN
Belgrade
The Serbian Priminister Ivica Dacic organized a reception for Serbian Olympic Champions on August 14 | Photo by Beta

Four Serbian sportsmen who won Olympic medals in London are not only to receive rewards in money - but also national pensions, while some will get new apartments.

Milica Mandic, who won a gold in taekwondo, was handed a check worth 35,000 euros by Serbian Prime Minister Ivica Dacic at an official reception held on August 14.

Two days later, on Thursday, the Serbian government decided to award her with an apartment in Belgrade as well. 

Serbia's silver winner in shooting a small caliber rifle, Ivana Maksimovic, was rewarded with 30,000 euro.

Andrija Zlatic, air pistol shooter, as well as members of men’s water polo team, were rewarded with 25,000 euro each for their bronze medals.

Neighbouring Bosnia and Herzegovina promised about 50,000 euro for each gold, 38,000 for each silver, and 30,000 for each bronze.

But after sending six people to London, none of them won a medal, so the prizes will not be given out.

Montenegro won a single silver medal in women's handball. But her 26,000 euro reward is not coming from public funds but from a private company.

Although impoverished Serbia's rewards sound high, some countries are rewarding their London champions with significantly higher amounts.

Georgia and Singapore promised about a million euro to each gold winner while Azerbaijan pledged 400,000 euro, Kazakhstan 200,000 and Kirgizstan 150,000 for every medal.

Russia promised 110,000 euro for each golden medal, while local municipalities offered much higher rewards to sportsmen and women.

On the other hand, the three countries with highly developed economies that won the biggest amount of medals weren’t that generous.

The United States promised some 20,000 euro for every golden medal, China 25,000, while Britain has not given any of its numerous winners any money at all.

One reason for this is that sportsmen and women from these countries can expect valuable contracts with private sponsors after winning.


 

 

 

 

 

Talk about it!

blog comments powered by Disqus

Related Headlines:

us-official-kicks-off-macedonia-visit-after-violence-04-30-2017
30 Apr 17

US Official Visits Macedonia After Parliament Violence

US Deputy Assistant Secretary of State Hoyt Yee starts a two-day visit to Macedonia on Sunday, with the country still shaken by the attacks on MPs inside parliament.

28 Apr 17

Albania MPs Elect Speaker Meta as President

28 Apr 17

Sketches of the Balkans

Premium Selection

romania-s-slow-preparation-for-eu-presidency-alarms-experts-04-27-2017
28 Apr 17

Romania’s Slow Preparation for EU Presidency Alarms Experts

Experts are concerned by the slow pace of preparations in Bucharest for Romania’s EU Council presidency in 2019, when it will have to oversee thousands of high-profile events. 

croatian-islanders-fight-to-preserve-golden-beach-04-27-2017
28 Apr 17

Croatian Islanders Fight to Preserve Golden Beach

After the government scrapped an unpopular concession given to company over Zlatni Rat beach, islanders on Brac say they will fight on to ensure such precious resources remain in the hands of the community.

Latest News from the Balkans

28 Apr 17

Albania MPs Elect Speaker Meta as President