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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.
Unless fundamentally restructured, these two debt-bloated giants will sooner or later blow up.
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We're restructuring these courses into goal-based scenarios that will get kids excited".
After restructuring, these institutions should be brought back to the market as quickly as possible.
Moreover, he says, there is no existing playbook when it comes to restructuring these obligations.
The chancellor should urgently restructure these thresholds in his autumn statement to avoid a bunching occurring at the £250,000 mark".
It has offered to restructure these, but on terms which creditors say write off more than 90% of their value.
If they cannot service their debts, it is mere commonsense to work with them to restructure these, as many countries have restructured in the past.
Actually, Portugal is not the only European country that is scaling back its commitment to public broadcasters, or moving in other ways to restructure these operations.
Still, The Los Angeles Times also reported that Bank of America took the opportunity while restructuring these credit lines to add a fee.
And is the goal to restructure these hundreds of institutions while running them as banks, or simply to facilitate their orderly liquidation (in which case, do we essentially have a government-run banking system for the foreseeable future)?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com