YPF seizure approved by 62% of Argentines, according to opinion poll
The recent decision by President Cristina Fernandez to seize a majority stake in YPF from Spain’s Repsol has the approval of 62% of Argentines, while 23% disagree according to a public opinion poll from Poliarquía published in the Sunday edition of La Nacion.
The poll shows that 26% in the capital Buenos Aires and in different cities of the country are “very much in agreement” with the decision and 36% are in agreement.
The decision has soured long established relations between Argentina and Spain that has promised reprisals, and demands full compensation if the decision is not reviewed.
Another 23% said they were ‘in disagreement’ with nationalization, and 8% rejected point blank the decision.
Asked about the possible impacts on the Argentine economy, 49% said the decision was positive and 47% admitted to fears that it would affect negatively the image of Argentina overseas.
The poll also showed that 49% of residents from the capital Buenos Aires support the nationalization, even when the mayor of the city and the main opponent of Cristina Fernandez, Mauricio Macri rejected the seizure and warned that the lawmakers from his party would vote against the initiative in Congress.
In the rest of the country the decision had the support of 66% of interviews, where four out of ten said they were “very much in agreement”.
The poll included 1.115 phone interviews with over 18 years of age and in the forty main cities of Argentina.
Last Monday the government of Cristina Fernandez announced the seizure of a majority stake in YPF from Spain’s Repsol, arguing the company was not investing enough in Argentina.
Spain announced reprisals, the first of which was to cancel all bio-diesel imports, (of which Argentina is the leading exporter in the world) plus intense lobbying in multilateral organizations to freeze all loans and grants to Argentina.
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a/ 62% of Agentinians are brainwashed
or
b/ 62% of Agentinians are really, really that stupid.
I'll leave you to make up your own mind.
and that 23% understand the issues.
Apr 23rd, 2012 - 12:15 pm
Actually it's 31% who understand the issue, 23% “in disagreement” + 3% who reject it totally.
It is the thinking sector of Argentina rather than those that rely on the Kirchner administration for their livelihood like the malvinistas who come out of the woodwork here.
Apr 23rd, 2012 - 01:00 pm
Me too!!
It pulls no punches.
It also shows that Repsol was strong-armed by the Kirchners all the way down the line, and that not only does the Argentinian government owe billions to Repsol - so does Petersen Group, headed by Argentine's banker and construction magnate Enrique Eskenazi, a long-time Kirchner ally.
According to published accounts in the Argentine press and in The Wall Street Journal, the Petersen acquisition of almost 25.5% of YPF was completed with almost no money down. Repsol agreed to finance the majority of the shares, and loans from banks financed the balance.
Repsol says that the Petersen Group still owes it $1.9 billion.
online.wsj.com/article/SB10001424052702303592404577359432441570286.html?mod=WSJ_Opinion_LEADTop
Repsol have been right royally stuffed by Argentina all down the line.
That WSJ article is compelling reading. It seems that economics in Argentina revolves around a statue of Mickey Mouse.
hey guys some more great news...its Gas gromit
No change of a meaningfull result here.
It's about like the fabled 54% that was not. Only 36.2% of the eligibible vote actually voted for her - 63.8% DID NOT.
So what do you want us to do about it,
Action speaks louder than words,
Until then CFK will carry on as normal,
The world will talk tough,
And the Spanish military will ummmm just wait,
.
m.tn.com.ar/politica/00089281/ypf-y-cristina-hace-un-ano-y-medio
You guys live there, and know better than us what she is like,
.
Apr 23rd, 2012 - 06:00 pm
I think that it is YOU who hate your country. All you do is vilify the Brits as though this was something wonderful. I'll tell you what you are full of CFK KK
not love of country.
You wouldn't know a patriot if you had the luck to meet one. All you malvinistas are are nationalistic scum.
Learn that from a patriot.
#21 I wouldn't come here professing any moral ground if I was a brit, their just support will render any argument futile, bias and self serving, but you're all welcome to try, that is what democracy and freedom is all about.
“Sunday, April 22nd 2012 - 23:42 UTC
Argentina February economic activity expands 5.2%, but surprises ahead for industry
Argentina's economy grew at an annual rate of 5.2% in February according to the country’s stats office Indec monthly economic activity report Emae, reflecting good performances in construction and manufacturing. But prospects for the industrial sector could have some surprises.
The Emae indicator rose 0.3% in seasonally adjusted terms from January, Indec added.”
Www.en.mercopress.com/2012/04/22/argentina-february-economic-activity-expands-5.2-but-surprises-ahead-for-industry
Ahora España dice que no pedirá represalias si la indemnización por YPF es negociada
www.clarin.com/politica/Espana-apoyo-socios-expropiacion-YPF_0_687531398.html
If you ever manage to get rid of her, which I doubt, let us know in Britain as we could use a brave radical leader ourselves to sort out the mess we're in; though we might understandably not be her first choice and we do at least have Mr Galloway...
But seriously you should realise how lucky your country is to have a leader like Cristina, eloquent, brave, beautiful and firmly on the side of the people. If every country had a leader like Cristina we'd have a better world
I do not know what nationality you are, but at least you've grasped that great british institution of, “taking the piss.” If you are a Brit, nice one, keep it up, hours of entertainment. I love a good laugh.
Scottie_Kirchner (as I call him) is an unreconstructed communist Scottish Old Labour 'British Patriot'.
He wants to stay in the Union, because he is not stupid - he knows that leaving would mean he loses his benefits and everything will go up in price, including his taxes to support Salmond.
His 'Queen' is not HM Queen Elizabeth II but the rubber doll with delusions of being the President of Argentina.
The way she is going she will soon be a rubber plant with delusions of life.
His type were chucked out of gainful imployment when Maggie came into power due to their belligerant attitude to business owners and sassenachs in general.
The sad thing is he does not 'take the piss': most times he actually means this drivel that he writes.
He will not go to Argentina to live though. Says it all really.
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