Bulgarian President Rosen Plevneliev has spoken strongly in favor of the consolidation of Bulgaria's water supply companies as a means of tackling a potentially disastrous water shortage in the future.
Speaking in Varna Monday, Plevneliev said he was going to veto the new Water Supply Act unless all municipalities agreed to the consolidation of the water utilities around the country.
A number of representatives of the Bulgarian local authorities have already spoken against the proposed measure fearing a hike in the water prices.
"There is no direct evidence that the price of water will go up if we consolidate the water utilities.
However, there is definite evidence that we will remain without water
if we fail to do that," Plevneliev argued, as cited by Darik Radio.
"We should be aware that this is a huge battle, and a huge topic. The
EU is ready to fund the water sector in Bulgaria with EUR 2.4 B from
the future operational program but that is not going to happen without
reforms. Besides, we are wasting enormous amounts of water in our supply
network – over 60-65%. This is also a problem that we must tackle," he
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