adjustment bond [ reorganization bond ]

adjustment bond | reorganization bond

sewerage investigative cctv operative | sewerage trenchless technology operative | cctv operator | sewerage maintenance technician

fiscal consolidation [ fiscal improvement | restoring financial health ]

municipal sewage system | sewage disposal | urban sewerage system | wastewater disposal

budgetary consolidation | consolidation of public finances | fiscal consolidation

sewerage network clearing operative | sewerage system maintenance operative | sewerage network operative | wastewater distribution equipment operative

combined sewerage system [ combined sewerage | combined system | combined sewer system ]

reorganization | financial reorganization | reform | rehabilitation

wastewater infrastructure design lead | wastewater infrastructure manager | sewerage systems manager | wastewater distribution systems and equipment manager

Spending pressures stemming from high investment needs and sizeable fiscal obligations and contingent liabilities denote a risk for the consolidation of public finances in the medium-term.

12. Recalls the Member States’ obligation to guarantee that the right to water and sanitation can be exercised in a fair manner without discrimination; points out that the Member States have a duty to ensure that the accessibility of quality water to those in need is guaranteed and affordable for all, and to make sure that operators provide safe drinking water and improved sanitation; calls on the Member States to adopt appropriate legislation and to develop and implement concrete programmes which are adequately resourced and monitored; notes that the Member States should give particular attention to vulnerable groups in society, such ...[+++] as those in low-income areas and geographical regions which have extensive poverty accumulation; calls on the Commission to identify areas in which water shortage is an existing or potential issue, and to help the Member States, regions and areas concerned, in particular rural areas and deprived urban areas, to address this issue properly;

2. Cyprus shall pursue fiscal consolidation consistent with its obligations under the excessive deficit procedure by means of high-quality permanent measures while minimising the impact on vulnerable groups.

3. Is deeply concerned that, despite the reform and consolidation efforts of Member States, eurozone sovereign bond markets remain in distress, as reflected in high spreads and interest rate volatility; notes that the immediate trigger and root cause were the financial markets’ concerns about the solidity of public and private sector finances in some eurozone countries;