BMI View: The Italian government is facing severe austerity drives due to their faltering economy and the unsteady economic status of the wider European region. This is inevitably having an impact on the utilities, particularly the underdeveloped, underinvested and frequently overworked water sector infrastructure. Moreover the continuing uncertainty over the fate of the privatisation drive for water companies, in conjunction with a complex and fragmented regulatory system will also continue to inhibit the water sector as a whole. However, government investments and a more coherent system will rectify some of these issues going forward. Italy has an extremely fragmented water …
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