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Russian Olympic winners to be awarded 300 million rubles
13.08.2012 19:01
Russian Olympic winners to be awarded 300 million rubles

300 million Rubles (about US $ 9.7 million) will be allocated from the state budget to award Russian sportsmen who have won Olympic medals at 2012 Summer Olympic Games in London, reports Interfax, refereeing to the Ministry of Sport press-service.

This sum is calculated according to the all number of the Olympic winners. According to the government Act dated 26 January 2012, a gold medal winner is to be awarded with 4 million Rubles (about US $ 129 thousand), a silver medal winner with 2.5 million Rubles (about US $ 80.6 thousand), a bronze medal winner with 1.7 million Rubles (about US $ 54.8 thousand).

If a team of sportsmen has won a medal, every its member is to get the award.

Additional bonuses could be allocated by regional authorities and sport federations.

Russian team has finished fourth in the overall medals count at the London Games, with 24 gold, 25 silver and 33 bronze medals in the bag.




Author: Irina Fomina

Tags: Olympics 2012 Olympic Games 2012 Russian sportsmen   

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