Last weekend we faced an abyss so deep we could see no bottom.

The euphoria over the new economy has fallen into the abyss along with the fall in share prices.

1889 Cooperation within a catchment basin must be self - evident.

It sets out achievable standards based on subsidiarity principles and the water basin management.

The first is the transfer of water between basin areas.

The national water plan is not comparable with a river basin plan under the water framework directive.