Greece is under enormous pressure to privatize its water system. As the country drowns in debt, the European Commission, the International Monetary Fund and the European Central Bank (often referred to as the “troika”) work with eager Greek political parties to balance the books by selling off public water. Greece wouldn’t be the first place to privatize public water utilities during a fiscal crisis. Conditioning loans based on full or partial water privatization is an increasingly common practice of international lenders – and much criticized.
Commons Magazine | On the Commons
Greeks Stand Up to Protect Their Water From Privatization
(h/t P2P Foundation)
The neoliberal powers that be are determined to colonize Europe, just as their forefathers colonized the rest of the world. This is economic warfare.