Can Portugal turn water into cash?

The outgoing head of Águas de Portugal gives his unique viewpoint on the challenges of increasing private sector participation in his country’s water sector

The Portuguese government needs to raise cash fast; firstly to keep the bond vigilantes at bay, and secondly to satisfy the conditions imposed by the IMF-ECB-European Commission “troika” last spring in return for Portugal’s socalled financial rescue.

 
When a newly elected conservative coalition took power in June, it was eager to press ahead with privatisations, and included public sector ...

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