Stadium Construction Leads to Unbuilt Schools, Hospitals

Lesson Brief Fontanka
A long-awaited new football stadium in St. Petersburg, being built in anticipation of the 2018 World Cup, has far exceeded its projected budget. In reaction, the city's administration is taking money out of the planned budget for the construction of a number of schools, childcare centers, and hospitals. Today's article provides a thorough overview of just how much money has been lost on the stadium and how the city plans to rearrange its budget in order to pay for it.
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