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dipsydoodle

(42,239 posts)
10. Might prove to be a bit difficult
Thu Jan 10, 2013, 06:16 PM
Jan 2013

Last year's bailouts , which were largely used to repay earlier debt which was covered by Greek law , are by covered International / English law which means they are secured against state assets.

Aside from that there are different degrees of privatisation :

Broadly speaking, there are two forms of private sector participation in water supply and sanitation. In a full privatization, assets are permanently sold to a private investor. In a public-private partnership, ownership of assets remains public and only certain functions are delegated to a private company for a specific period. Full privatization of water supply and sanitation is an exception today, being limited to England, Chile and some cities in the United States. Public-private partnerships (PPPs) are the most common form of private sector participation in water supply and sanitation today.

http://en.wikipedia.org/wiki/Water_privatization

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