Tension heightens between Argentina, Spain over bill to expropriate 51% shares of REPSOL

Posted on April 17, 2012 • Filed under: Argentina, Conflicts, Oil

Cristina Kirchner sent Congress a bill to expropriate 51% of the shares of Repsol. Planning Minister Julio De Vido, was appointed supervisor of the oil for 30 days . The government of Mariano Rajoy condemned the decision of the national executive and announced that in the coming days take measures “overwhelming”. Today, Madrid will hold a meeting with the Argentine ambassador to Spain. Read Article

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