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Repsol-sponsored biker. The FT reports the Spanish firm was trying to sell its subsidiary to China (Photo: ImageNationPhotography)

EU gets behind Spain on Argentina oil grab

The European Commission has sharply criticised Argentina's plan to nationalise Spanish energy firm Repsol YPF, with EU foreign ministers to discuss the issue next week.

"I am seriously disappointed about yesterday’s announcement. We expect Argentina’s authorities to uphold their international commitments and obligations in particular with those resulting in bilateral agreements on protection of investments with Spain," EU commission President Barroso told reporters on Tuesday(17 April) ...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Repsol-sponsored biker. The FT reports the Spanish firm was trying to sell its subsidiary to China (Photo: ImageNationPhotography)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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