Socialists want Prime Minister, António Costa, to revert privatization of CTT

  • ECO News
  • 21 January 2019

Nationalizing the company would please several members of the socialist party, particularly the committees of Algarve and Porto, and it has always been defended by the Communist and the Left Parties.

The socialist party members have been pressuring the Prime Minister, aiming at reversing the process of privatization of the national postal service, CTT, according to Público, a Portuguese newspaper.

This is a turning point for CTT. 2019 is an election year, and the government being forced to decide on the future of the postal service. The government should decide whether it will go forward with a new public tender, now that the current concession contract is almost ending, or renew it, or even invest in nationalizing the CTT.

Nationalizing the company would please several members of the socialist party, particularly the committees of Algarve and Porto, and it has always been defended by the Communist Party and the Left Party (who have always been against the company’s privatization, which took place in 2014).

The leader of PS Porto — Manuel Pizarro — told Público that he is endorsing the nationalization of the Portuguese postal service company, adding that he will “work hard for it” to happen, and “PS should recognize the undeniable importance of this service, and such affirmation can only be achieved through a public intervention”.

The news was released after Expresso, another Portuguese newspaper, announced that the next concession contract would have to include rather more demanding criteria than the last deal that was signed.