Privatization of parts of the public broadcaster RTP is in the program of the new Portuguese Government, delivered on Tuesday in Parliament. The privatization of RTP was a campaign promise of Prime Minister Pedro Passos Coelho. Portugal is to receive a €78bn bailout package from the European Union.

The program says that the RTP group “should be restructured in order to obtain a strong containment of operating costs in 2012, thus creating conditions for both a significant reduction of the financial burden on taxpayers and for the privatization process.”

“This will include the privatization of one public channel to be implemented at a time and in a model that will depend on market conditions. The other channel, as well as being a repository of archives, plus RTP Internacional and RTP Africa, will be programmed to ensure the public service,” the document says.

“Antena 1, 2 and 3 [the public radio networks] will follow the same general principles that apply to RTP. The state will divest its stake in RDP Lusa, the mixed economy company, to private operators in due course,” it also explains.

June 29th, 2011 - 16:47 UTC
by A.Sennitt
(Source: via Google Translate)