With July just around the corner, is Paris ready to host the Summer Games? Mostly yes, if you listen to France's president, who was on hand this Thursday for the inauguration of the Olympic village. It's one of the few venues built from scratch for an event that promised sustainability and, for the most part, to showcase existing structures. A total budget of less than €9 billion makes for 40 percent less than that of the 2012 London Olympics.