Reply To: Spanish property market 2008: soft landing or train wreck?

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#77422
Anonymous
Participant

Dear Iano

Subject to an environmental study to be carried out by both Portugal and Brussels, which is now being completed. The precise issue is the possibility of bird strike and the possible pollution of the largest natural reservoir of potable water in the Iberian Peninsula. The Tagus river basin.

The bird strike issue was a red herring and has been resolved. The other issue will be too. If you consider Heathrow and that all around Heathrow and indeed all the way from Heathrow to London there are all the water reservoirs for the city, and in 50 years London has survived.

How air pollution will affect aquifers 30 metres below the surface defeats me and therefore I am cautiously optimistic that the decision to build the airport at Alcochete will remain firm, and this is the view held here and by those closley involved. Plans are well advanced for Alcochete. Socrates is just being careful, no bad thing.