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RIO DE JANEIRO, May 20 (Xinhua) -- Rio de Janeiro's Olympic velodrome will not be ready until the end of June, just over a month before the Games begin, Brazil's sports minister said on Friday.
Construction work at the venue had been due to be completed at the end of April.
But delays to the installation of track support structures forced organizers to cancel a planned Olympic test event from April 30 to May 1.
Brazil's sports minister, Leonardo Picciani, told reporters the venue was now 88% complete.
"Most of it is ready and work will be completed in June," he said. "The track has been installed but some adjustments need to be made."
Pedro Paulo, a spokesman for the mayor's office, said the delay was caused by financial problems suffered by the construction firm responsible for the project.
He said the city government was forced to intervene to ensure the velodrome's completion by next month.
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BERLIN Cubs Brandon Morrow Jersey , May 13 (Xinhua) -- The economic growth of Germany slowed down in the first quarter of 2015 due to a drag from foreign trade, official data showed on Wednesday.
The gross domestic product (GDP) in Europe's biggest economy increased quarterly by 0.3 percent from January to March, according to German federal statistical office Destatis. In the last quarter of 2014 Cubs Billy Williams Jersey , the German economy expanded by 0.7 percent.
According to Destatis, positive contributions mainly came from domestic demand, including private and public consumption as well as investment. Foreign trade Cubs Ben Zobrist Jersey , however, had a downward effect on the growth as imports recorded a stronger increase than exports.
"The German economy continued to grow at a slightly slower pace," Destatis said in a statement Cubs Anthony Rizzo Jersey , adding that compared with the same period of the previous year, Germany's GDP rose by 1.1 percent in the first quarter.
Private consumption was the main pillar of German economic growth in recent two years thanks to stable labor market and increasing wages. Falling energy prices since last year also helped boost domestic demand.
Foreign trade, Germany's traditional growth engine Cubs Andre Dawson Jersey , contracted due to weak performance of the euro zone and geopolitical tensions.
The economy expanded by 1.6 percent in 2014. The German government expected the growth to increase to 1.8 percent in 2015 with domestic demand as the main driving force.
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