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Argentina Senate approves YPF nationalisation

E
euronews (in English)

19 Views • Apr 26, 2012

Description

Argentina's Senate has approved a bill to nationalise the country's biggest oil company YPF.

The proposal, which will see the government seize the Spanish controlled firm, sailed through the upper house by a majority of 63-3. It is expected to be approved by the lower house next week and become law.

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http://www.euronews.net/