Updated 15 May 2003, 13.24

			Fact File
	Olympic facts
		The Games are held every four years
		The 2004 Games are going to be in Athens in Greece
		We'll find if London will be the host in July 2005

Should the British bid be successful it would see London host the Paralympics too.

The Games were last held here in 1948, although the country has unsuccessfully bid to host the them lots of times since then.

A 2012 Olympic bid has been rumoured for a while, and at the start of the year the government were supposed to discuss it, but the war in Iraq delayed that.

The bidding process takes a long time, and other cities are also hoping to host the Games, including New York, Leipzig in Germany, Havana in Cuba and perhaps Paris and Madrid.

But it will be really expensive, with the government saying it could cost as much as £2.375bn to get everything ready in time, including a new 80,000 athletics stadium in east London.

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MiP files: Steve's Olympic dream!

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Should London bid for the Olympics?

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