PM Babis's French restaurant closed - server

The Paloma restaurant in southern France from the trust fund of Czech PM Andrej Babis has closed, the SeznamZpravy.cz server has reported and the restaurant confirmed on its's website. The server writes that the restaurant faced serious financial problems as well as doubts about its quality. It lost one of its two Michelin stars at the beginning of this year. Jakub Sip, from the restaurant management, told a local paper that the restaurant has never been profitable. "Since its opening five years ago, further several million euros have been spent there, but our yield for last year even decreased," SeznamZpravy.cz quotes Sip as saying in the Nice Matin daily.