Why was CERN, the largest particle physic laboratory located

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Why was CERN, the largest particle physic laboratory located near Geneva in news recently?

[IB ACIO Previous Year 2012]

For discovery of Neutrino, a new subatomic particle.

For discovering Higgs Boson, a new subatomic particle.

Because of differences among the member nations over finance liabilities.

Major breakdown in the laboratory.