Premiership of Tony Blair which was an agreement to increase British contributions to the EU Development Budget for new member countries, which effectively reduced the UK rebate by 20% . On 6 July 2005, during the 117th International Olympic Committee (IOC) session in Singapore, the IOC announced that the 2012 Summer Olympics, the Games of the XXX Olympiad, were awarded to London over Paris by only four votes. The competition between Paris and London to host the Games had become increasingly heated particularly after French President Jacques Chirac commented three days before the vote that "one cannot trust people [ie: the British] whose cuisine
President of the International Olympic Committee President of the International Olympic Committee The President of the International Olympic Committee is head of the Executive Board that assumes the general overall responsibility for the administration of the International Olympic Committee (IOC) and the management of its affairs. The IOC Executive Board consists of the President, four Vice-Presidents and ten other IOC members; all of the board members are elected by the IOC Session, using a secret ballot, by a majority vote. The IOC organizes the modern Olympic Games, held every two years, alternating summer and winter Games (each every four years). The IOC President holds the office