International Olympic Committee members voted for the long-favoured Milan-Cortina bid over Stockholm-Are from Sweden that also included a bobsled track in Latvia.
A sign of simmering Swedish frustration came minutes later when IOC board member Gunilla Lindberg pushed the limit of Olympic diplomacy ending her team's 30-minute presentation. It was an attempt to revive Winter Games bidding with just two candidates on the ballot paper for the second straight time, since Russia spent $51 billion on venues and infrastructure for the 2014 Sochi Olympics.
The IOC will contribute at least $925 million toward Italy's games operating costs of up to $1.7 billion. Building athlete villages in Milan and Stockholm shaped as the main capital investment and most uncertain ventures in the projects. Sweden Prime Minister Stefan Lofven said he assured voters "it's in the Swedish model, it's in our DNA" to deliver a stable Winter Games.
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