He has many critics in Tbilisi, where public workers lost their jobs in government restructuring.
In mid-November, the government restructured its loans to A.I.G., raising its total commitment to $150 billion.
Some government restructuring experts speculate that it may not be long before Detroit becomes the largest municipality in the nation to file for Chapter 9 protection.
The government restructured the commercial banking system in the mid-1980s, increasing the number of state-owned commercial banks in the country.
To force Portugal's energy transition, Mr. Sócrates's government restructured and privatized former state energy utilities to create a grid better suited to renewable power sources.
Several big banks have seen their borrowing costs rise as bondholders fear that they, too, will suffer in any government restructuring.
His government restructured the country's debt and reached an agreement with the IMF, shoring up the economy amid the global financial turmoil.
Following negotiations with creditors, in 2013 the government restructured its $550 million "superbond" debt at a cost of about $750,000 with a maturity date of 2038.
A large proportion of the country's industries were state-run until the 1980s, when the government restructured these large operations into smaller state-run units and encouraged these to pursue joint ventures with private concerns.
