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
Olympic Games national anthems are played: the flag of the current host country; the flag of Greece, to honour the birthplace of the Olympic Games; and the flag of the country hosting the next Summer or Winter Olympic Games. The president of the organising committee and the IOC president make their closing speeches, the Games are officially closed, and the Olympic flame is extinguished. In what is known as the Antwerp Ceremony, the mayor of the city that organised the Games transfers a special Olympic flag to the president of the IOC, who then passes it on to the mayor of the