The EU’s statistics agency Eurostat announced today that the financial model for the… The EU’s statistics agency Eurostat announced today that the financial model for the beleaguered State water utility failed to meet key EU rules. As the Government continues to spend hundreds of millions of euro on water meters, consultants’ fees, billing and other set-up costs for Irish Water, the EU is saying that bills for distressed households are not high enough in effect. Irish Water has…