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
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