The economic history of the Republic of Portugal

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Dockers threaten to paralyse Portuguese ports
Reuters, 19 September 1997. The socialist Portugese government wants to make ports into public corporations in order to introduce liberal structural adjustments, but the National Federation of Dockers' Unions expects that to cost jobs.
Telefonica, Portugal Telecom to Eliminate 16,500 Jobs, 24 June 2003. Telefonica SA and Portugal Telecom SGPS SA, the largest telephone companies on the Iberian peninsula, will cut 16,500 jobs to reduce costs amid increased competition.