The European Commission, the IMF and the European Central Bank (ECB) set demands for water privatization as part of the austerity policy.
It is part of the liberal social development that is part of the EU. The model has existed and failed.
The World Bank has been pushing for water privatizations in Latin America that have done more harm than good - to protect their own financial interests. A quarter of the World Bank's funds go to companies and the private sector, thereby escaping transparency and transparency, the new report shows.
Measures to address the lack of access to clean water in developing countries have in recent years. But this only benefits those sitting on money. According to CAI, water privatizations hit the poorest hard and can also negatively affect access to water and human rights. In the capital city of Manila in the Philippines, the World Bank has not only advised but also helped design systems for the privatization of water.
This inhibits development leading to an increasing dependence on the private sector. According to Corporate Accountability International, CAI, which is the American organization that has given a report on whether privatization is beneficial or harmful.
Reports "Shutting the Spigot on Private Water: Case for the World Bank to Divest", was presented in connection with the World Bank and the IMF at a meeting in Washington earlier this year
The organization calls on: The World Bank to redirect its money from the private water sector to democratically accountable public institutions.
Privatization has previously applied to Italy. The Italian water movement Attac has stopped this with an incredibly broad and locally rooted movement.
Now the EU is under attack. Greece, Portugal and other countries forced to privatize their water companies. The EU Commission requires it as part of the austerity policy.
Stop making such demands, demand the union and other non-profit organizations in Europe.
Could the next stroke of genius be to privatize the air and let everyone in the EU wear digital breathalyzers that pay private air owners?
The water cycle applies to everyone on this earth. A symbol of what economics is.