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Europe Daily Bulletin No. 10596

18 April 2012
EXTERNAL ACTION / (ae) trade
Argentina - EU concerned at nationalisation of YPF/Repsol

Brussels, 17/04/2012 (Agence Europe) - Seriously concerned by the plan to seize control of the Spanish oil company Repsol's Argentinean subsidiary YPF, put forward by Argentinean President Cristina Kirchner on Monday, the Commission is urging Buenos Aires to respect its obligations contained in its bilateral investment agreements.

On Tuesday 17 April, the Commission provided an unequivocal response to the nationalisation of the Argentinean subsidiary of the Spanish oil company Repsol, YPF,...

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