Europe Municipal Water: Key Trends, Policy Activity, and Market Outlook, Q1 2024

18 Mar 2024
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Commercial routes and economic forecasts suffer from China’s slowing economic output and the ongoing conflicts in Ukraine and the Middle East. Germany and the U.K. slumped into recessions at the end of 2023. France announced on 18 February a €10 billion (US$10.8 billion) budget cut to reduce its public deficit to 4.4%. The OECD cut the Eurozone’s GDP growth forecast to 0.6% but increased Spain’s forecast to 1.5%. 

This Quarterly Review highlights select trends, policy shifts, strategic shifts, and project development across the municipal water, wastewater, and stormwater infrastructure landscapes at the European level. 

In this Quarterly Review:

  • Europe set to see a rise in M&A activity after lowest third quarter in over a decade
  • Drought drives ongoing desalination, wastewater reuse investment
  • The U.K. witnessing significant investments and policy shifts concerning water tariffs and management
  • EU regulations to provide more cost-effective and directed water management guidelines for water and wastewater management, and to increase spending

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