Exclusive: EU to lodge suit against Argentina with WTO

MADRID (Reuters) - The European Union has agreed to file a trade suit against Argentina's import restrictions with the World Trade Organization (WTO), a senior Spanish government source said on Monday. The suit is not directly linked to Argentine President Cristina Fernandez's decision to seize control of its biggest oil company, YPF, a subsidiary of Spain's Repsol

EU plans measures against Argentina over Repsol

The European Union's trade chief said he would soon take measures against Argentina over its decision to expropriate the stake held by Spain's Repsol in oil company YPF.

EU to move against Argentina on YPF – trade chief

BRUSSELS/MADRID (Reuters) - The European Union's trade chief said on Monday he would soon take measures against Argentina over its decision to expropriate the stake held by Spain's Repsol in oil company YPF , though he did not say what action he was planning. Argentina's decision to seize control of YPF last month angered its biggest trade partners, who were already losing patience with ...

Argentina Taps Ex-Schlumberger Executive Galuccio to Oversee YPF

Galuccio was named general manager of Buenos Aires-based YPF late on May 4, one day after Congress approved Fernandez’s proposal to take a 51 percent stake in the company from Spain’s Repsol YPF SA. (REP) Galuccio, an engineer who was president of Schlumberger Production Management in London until a month ago, will hold the position at least until a shareholders’ meeting on June 4 elects a new ...

Argentina approves oil takeover

Argentine legislators approve the nationalisation of oil company, YPF, despite a diplomatic row with Spain and the EU.

Hitting Argentina for Oil Seizure Can Hurt U.S. Interests

Argentina’s Lower House voted on Thursday to approve the expropriation of 51 percent of YPF SA, the country’s largest oil company.

Argentina's YPF takeover heads for final approval

BUENOS AIRES (Reuters) - The nationalization of Argentina's biggest oil company was headed toward final congressional approval on Thursday, reflecting broad domestic support for a measure that has rattled private investors. President Cristina Fernandez, a combative career politician who has tightened state control of the economy, unveiled the plan to seize a majority stake in YPF from Spain's ...

Argentina And Bolivia Are Right To Take Over Private Companies

While Europe forces yet more privatization on Greece and Spain under the Orwellian name of "liberalization", Latin America in 2012 is challenging the orthodox view that private always is better than public.

Argentina Takes Over Spanish Energy Firm YPF

The governments of Bolivia and Argentina have seized privately-owned companies and nationalized them.

Argentina: Keeping up with the Chavezes?

President Cristina Kirchner's plan to seize a majority stake in oil company YPF SA, owned by Repsol YPF of Spain, is causing diplomatic tensions with Spain and the European Union.