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Tuesday, April 17, 2012

''An incensed Spain threatened swift economic retaliation against Argentina on Tuesday after it announced plans to seize YPF''

From LAREDOSUN


"Madrid called in the Argentine ambassador in a rapidly escalating row over the nationalization order by Argentina's populist and increasingly assertive president, Cristina Fernandez , a move which delighted many of her compatriots but alarmed some foreign governments and investors.

Promising action in the coming days, Spanish industry minister Jose Manuel Soria said: "With this attitude, this hostility from the Argentine authorities, there will be consequences that we'll see over the next few days."

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