This blog is a personal space for the English class.

I´ll show all my tasks of High School, and my own opinion about diferent themes like education, football, games...







divendres, 27 d’abril del 2012

Argentina expropiates main Repsols YPF industry.


Few days ago, the Argentinean prime minister decided to expropriate one of the most important industries of Repsol YPF in Argentina.

Repsol YPF was the main shareholder of an industry of oil and gas; they had around the 75% of the company. When suddenly, Argentina decided to expropriate the 51% of the company from Repsol YPF, so Argentina nationalitsated the company, their arguments were most likely because of the economical problems of this crisis.

Today Spanish government has a meet to speak about the possible reactions of Spain in front of this act of the Argentinean government. Some countries like EUA and whole Europe had condemned the reaction of Argentina and they said this acts will be a problem with the deals and relations between Argentina and Spain.

In my opinion, this chrysies is making people do things that are not correct such like that, moreover, the Argentinean governments won't give any money to Repsol YPF that created the company and invested on Argentina