Thessaloniki is a lively sprawling metropolis located in the north of Greece. As with the rest of the country, it is affected by increasing unemployment and poverty, a result of the government's Troika-dictated policies, which have driven the economy into a deep recession.
In Greece, as in many other countries in the past, disaster capitalism has utilized the sovereign debt crisis -that it also helped produce- as an excuse to push forward an aggressive campaign of neoliberal plunder: Attack on the populations' social, political and labour rights, dismantling of the health and education system, massive dispossession through mega-mining projects, and privatisation of everything that constitutes the public wealth. Again, as in many other cases, the government and the media are mindlessly repeating neoliberalism's favourite mantra: "there is no alternative".
In this context, as part of the terms of the loathed "memorandum" imposed by the IMF, in 2011 the government announced its plans to privatize EYATH, the state-managed company providing the city's 1.5 million inhabitants with water and sanitation services. Suez, the water sector giant, was quick to express interest in profitable EYATH. As of May 2014, the privatization process is underway, and two bidders, French Suez and Israeli Mekorot, have advanced to the second phase of the public tender.
Read more on the website Autonomias