The potential re-development of the Chateau de Divonne has been called off, angering the town’s mayor.
The historic building was ravaged by fire in January 2017, no one was hurt at the time.
Last year the French hotel group Centaurus said it would rebuild, creating a 5-star hotel and spa. But they have now withdrawn.
Divonne’s mayor, Vincent Scattolin, says he believes it was complicated French administration that deterred new investment – he says the town is hugely disappointed.
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The financial news service Bloomberg says that Switzerland is in the verge of a new trade deal with the United States.
Six teen girls sentenced after vicious attack
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Bern is the Christmas Grinch
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Battery blamed for bike shop fire
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Sperm quality varies dramatically across the country
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Cash banned at Zurich Christmas Market
Customers will not be able to use cash at the upcoming Christmas Market at Zurich main train station.
