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.

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:

22 Oct 16

Macedonia Prosecutors and Police Tussle Over Wiretap Evidence

Tension between Macedonia's ruling structures and the Special Prosecution, SJO, has heightened after one SJO investigator was arrested - and later released - and while another was thrown out of the headquarters of the secret police, UBK.

21 Oct 16

Crimea Officials Tout for Business in Serbia

Premium Selection

21 Oct 16

Nikola Ivanovski: New Head of Macedonia’s Discredited Court

The newly elected chief judge of Macedonia’s Constitutional Court is unlikely to restore the image of an institution now widely seen as a tool of the political establishment.

21 Oct 16

Bosnian Serb Opposition Party Chooses New Leader

After its recent local election debacle, the main opposition party in Bosnia's Serb-dominated entity Republika Srpska is trying to consolidate, but the process is burdened by internal power struggles and divisions.

20 Oct 16

Bosnian War Rape Victims Rue Lost Motherhood

20 Oct 16

Critical Voices Defy Fear in New Serbia