France's national rail operator SNCF has scrapped plans for a controversial renovation of Europe's busiest train station, Paris Gare du Nord, in the run-up to the 2024 Olympic Games, reports FRANCE 24.
The SNCF, which made the announcement late Tuesday, blamed the decision on "unacceptable" cost overruns. In July, the main contractor, Ceetrus, warned the final bill would be triple earlier estimates of 500 million euros.
The decision also comes after the contractor warned of "considerable" delays, meaning that the new station would not be ready for the Olympics as initially planned.
The SNCF subsidiary in charge of stations, SNCF Gares & Connexions, accused Ceetrus of "serious failure" and terminated its contract.
The project had aimed to triple the size of the station, from where trains depart to Amsterdam, Brussels and London, as well as destinations in northern France.