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Huge backing for Argentine nationalisation

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Huge backing for Argentine nationalisation

E
euronews (in English)

10 Views • May 04, 2012

Description

Argentina's lower house has given overwhelming support to a proposal to nationalise the country's biggest oil company, YPF.

The measure - which has huge popular support in Argentina - means Spain's Repsol company will have its majority stake in YPF taken from it.

The move has alarmed foreign investors and trading partners.
http://www.euronews.net/