MADRID (Reuters) - For more than a century, services group FCC has run the sewerage system in Barcelona, northeast Spain. Now the victory of a radical left party in town hall elections last Sunday is casting doubt over the contract.
The concession, renewed in January and worth 104 million euros (73.64 million pounds) over seven years, is one of many FCC and rivals ACS and OHL hold in Spain's three main cities Madrid, Barcelona and Valencia -- all of which will have anti-austerity mayors keen on reassessing contracts.