The chairman of the board of directors of Águas de Portugal warned today that the whole sector is a time bomb that could jeopardise water services in the very near future.
"Unfortunately, problems remain in the sector needing urgent resolution at a cost of more than €700 million. The current water tariffs do not cover costs. We have a situation that, unless things are resolved, will cause services to suffer in the near future," according to Afonso Lobato de Faria.