Olympic Games take place in Athens in 1896. The IOC elected the Greek writer Demetrius Vikelas as its first president. The first Games held under the auspices of the IOC was hosted in the Panathenaic Stadium in Athens in 1896. The Games brought together 14 nations and 241 athletes who competed in 43 events. Zappas and his cousin Konstantinos Zappas had left the Greek government a trust to fund future Olympic Games. This trust was used to help finance the 1896 Games. George Averoff contributed generously for the refurbishment of the stadium in preparation for the Games. The Greek government also provided
Youth Olympic Games was introduced by Johann Rosenzopf from Austria in 1998. On 6 July 2007, International Olympic Committee (IOC) members at the 119th IOC session in Guatemala City approved the creation of a youth version of the Olympic Games, with the intention of sharing the costs of hosting the event between the IOC and the host city, whereas the traveling costs of athletes and coaches were to be paid by the IOC. These Games will also feature cultural exchange programs and opportunities for participants to meet Olympic athletes. Several other Olympic events for youth, like the European Youth Olympic Festival held every