The ostriches of Europe
- From: Vol 8, Issue 12 (December 2007)
- Category: Market insight
- Region: Europe
- Country: Greece and Spain
Few nations have adequately prepared cost estimates for the impact of the WFD. With implementation costs now estimated at €200 billion, things are getting tight.
Ever since the Water Framework Directive was agreed in 2000, the overall perception of exactly what it will involve has been rather hazy. The mysteries of the directive are slowly being revealed, but many EU countries have been slow to react.
As a ‘framework’ directive, the WFD leaves it up to individual countries to decide what policies and regulations they ...
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