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The first international olympic games were held in Athens, Greece.
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London 1908 Summer Olympic GamesLondon hosted the Olumpic games for the first time in 1908. They filled in at the last minute for Rome the Olympics Committee realized that Rome would not be ready in time.
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The first parapympics were held in 1948 to promote the rehabilitation of soldiers after WWII. http://en.wikipedia.org/wiki/Olympic_Games
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London began preparing the site for Olympic Park.
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The London Assembly culture and sport committee expressed concern about the cost of the Olympics, saying that it is taking away from other areas of funding in the UK.
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204 countries were represented in the 2008 Olympics in Bejing. While it was estimated to cost $15 billion, some sources believe that it cost up to $40 billion.
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2012 London Olympics Official SiteThe 2012 London Olympics begin July 27 and end August 12.