Greece

A row has broken out in Australia over an embarrassing design on the medals for next month's Sydney Olympics which depict a Roman colosseum rather than a Greek temple.

The Extreme Sports Channel has signed a deal with United Sport to broadcast Wake Up!

Four television companies shortlisted for broadcasting the Athens 2004 Games must submit their final bids by September 12, the organising committee has said.

Greece's building sector may have to consolidate if profit margins shrink when the wealth of projects related to the Athens 2004 Olympics dries up.

The Greek government has announced that the budget for the 2004 Olympic Games in Athens will come to $5 billion. Officials said the new 1.8 trillion drachmas budget was decided at a special cabinet meeting, chaired by Prime Minister Costas Simitis, and was approved by Finance Minister Yannos Papantoniou.

International Olympic Committee (IOC) president Juan Antonio Samaranch has said that Greece was taking the right measures to combat terrorism ahead of the 2004 Games in Athens.

Sports marketing giant Octagon has landed in Greece, after aquiring leading Greek sports agency ACT ? the company behind Athens? successful bid to host the Olympic Games in 2004.

Australia's top Olympic official Kevan Gosper has confirmed that if he had the support he would stand to replace the retiring International Olympic Committee (IOC) president Juan Antonio Samaranch.

Sony?s Jumbotron large size video display system has made its debut in Denmark and Greece, following sales to major rental companies in both countries.

The Greek Olympic planning executive will meet the president of the IOC today to review preparations for the Athens Games.

International Olympic Committee vice-president Kevan Gosper has admitted that he and Sydney 2000 Olympics organisers made mistakes in their preparations for September's Games.

FIBA, forced to revamp its new flagship SuproLeague basketball tournament after a mass breakaway by clubs, has made the draw for next season.

The Canadian Olympic Association has signed a major multi-million-dollar, multi-year sponsorship agreement with Canada's Gas Station company: Petro-Canada.

The World Cup short-course swimming series has been cut from 12 meetings to 10 and will offer more prize money.

Greek Prime Minister Costas Simitis has said that preparations for the 2004 Athens Olympics were in a "state of emergency" following International Olympic Committee (IOC) warnings in April.

European basketball is set to be split into two opposing camps in Thessaloniki today when newcomers ULEB will challenge the sport's governing body FIBA by announcing its own rival to the recently launched Suproleague.

Basketball?s new ISL-backed European SuproLeague has confirmed the 20 clubs to take part in next season?s tournament.

NBC expects to sell nearly $1 billion in advertising for the Sydney 2000 Olympics this summer, and has already sold more advertising than the record sum from the Atlanta Games in 1996.