Paris CNN —A large French alpine ski resort faced with declining snowfalls is to close after it failed to find funds to turn its pistes into year-round attractions. ‘No prospect’Council President Coraline Saurat said that some 2.8 million euros [$3.07 million] have been invested into transforming the area into a year-round resort since 2017. She said that with winter snow increasingly unreliable, completing the final years of the project was too much of a risk. “The impact of committing to two more years was considerable with no prospect for the future,” she said, speaking to France Bleu on Saturday. On Sunday, the Grand Puy station in France’s Alpes-de-Haute-Provence region was also permanently closed after a public referendum.

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Persons: ” Marie, Noëlle Battistel, ‘, Coraline Saurat, ”, Saurat, Carlo Carmagnola, Météo Organizations: Paris CNN, France, CNN, Italy it’s Locations: France’s Isère, Europe, Grande, Matheysine, France, France’s Alpes, Haute, Provence, La, Mont Blanc, Météo France, Italy, Austria