This is the sort of predatory capitalism being promoted by the EU neo-liberalism. Utilities should be privatised as the private sector is “more efficient”. This is just half the story. In the end the state will be forced to take over these bankrupt companies, debts and backlog of investments included.
Related Articles

Climate Crisis
Reuters – Blinken warns entities involved in Nord Stream 2 pipeline to immediately quit
March 19, 2021
Mathew D. Rose
Climate Crisis, Energy, EU politics, EU-Institutions, Sustainability
0
Just as Trump saved the EU from TTIP, Biden may stop the climate destruction of Nord Stream 2. Read here

Economics
Positive Money Europe: Helicopter money is the vaccine against a long-lasting Covid-19 recession
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]

Economics
Politico – Europe accuses US of profiting from war
EU officials attack Joe Biden over sky-high gas prices, weapons sales and trade as Vladimir Putin’s war threatens to destroy Western unity Read Here
Be the first to comment