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    Argentina to seize oil company YPF from Spanish hands

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    euronews (in English)

    by euronews (in English)

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    Argentina confirmed on Monday it would seize the country's biggest oil company YPF which is currently controlled by Spanish energy giant Repsol.

    Officials said the government would send a bill to Congress and take a 51 percent stake in what been described as "the public interest".

    The decision by President Cristina Fernandez looks
    ...
    http://www.euronews.net/