Introduction. A catastrophic event -- Part I. Municipalization (1955-1990) -- Corporatization (1991-present) -- Part II. Decommodification -- Unaffordable water -- Heterogeneous water(s) -- Part III. Potentials and limits -- Unruly water -- Conclusion.

"In many European countries, the process of financialisation has been exacerbated by the project of closer EU integration and accelerated as a result of austerity policies introduced after the Euro crisis of 2010-12. However, the impact has been felt differently in core and peripheral countries....