MercoPress. South Atlantic News Agency
EU ambassador in Argentina suggests “negotiated agreement” for the Repsol/YPF dispute
The European Ambassador to Argentina, Spanish native Alfonso Díez Torres, stressed on Friday that the solution for the YPF seizure conflict would be “a negotiated agreement” between Argentina and Repsol. Read full article
Comments
Disclaimer & comment rulesCFK & Co think it’s a done deal, no compensation.
May 18th, 2012 - 11:43 pm - Link - Report abuse 0This man says, “its a stand off”.
Watch this space, more to come..
The report sent by De Vido to the SEC in the USA admits the Kirchner Administration's fault for the failure of YPF. This means that Repsol has the proof it needs to take CFK to the cleaners.
May 19th, 2012 - 01:21 am - Link - Report abuse 0Good luck. Negotiation with Kirchener usually means “we demand this without compromise.”
May 19th, 2012 - 02:50 am - Link - Report abuse 0TWIMC
May 19th, 2012 - 05:24 am - Link - Report abuse 0”Torres stressed furthermore that the European Union respected Argentina’s decision to expropriate stakes of partially Spanish owned YPF and assured the block “never questioned the nation’s right of expropriation in accordance to Argentina’s constitution and international agreements.”
Now, we are talking.................................
Argentina exchanges its European and US trading partners for Angola. Smart move Cristina !
May 19th, 2012 - 07:14 am - Link - Report abuse 0#2 Except the EU is already climbing down, look at the quote Think highlights, Repsol will get some compensation but not the greedy 10.5 billion they want
May 19th, 2012 - 07:30 am - Link - Report abuse 0Think
May 19th, 2012 - 09:17 am - Link - Report abuse 0You said it, “In accordance with to Argentinas constitution and international agreements.” I particularly liked the reference to International Agreements.
4 Think
May 19th, 2012 - 09:52 am - Link - Report abuse 0Oh, but didn't the botox Queen aka Turkey neck / Kretina / KFC re-write Argentinas constitution AFTER the YPF seizure???
A botched attempt at covering up their crime.
Stealing IS stealing, no matter how you try and cover it up or re-write your constitution. The rest of the world can see that. It's only the Argentines who can't.
“Negotiated Agreement”.....with Argentina...(roll's eyes)...wake up Spain, they stole from you, do you really think they're going to honour an agreement?
May 19th, 2012 - 09:59 am - Link - Report abuse 0This is the EU Ambassador to Argentina making this statement, he is simply following the directions of his superiors in the Brussels. What will be more interesting to see, is what happens, when and if this matter is brought up on the floor of the European Parliament. That's where we will see if there is any unity among member states in resolving what, if any action, they take is this matter. At the very least you could say it was put to the vote.
May 19th, 2012 - 10:18 am - Link - Report abuse 0Repsol and the US class action case's timing is actually pretty favorable. About the time this winds itself through the courts they should have a verdict on the seizure of the BCRA reserves.
May 19th, 2012 - 01:41 pm - Link - Report abuse 0There may not be much left soon but at least is is something,
At least you have you LPG deliveries to keep you warm this winter...doh!!!
May 19th, 2012 - 02:49 pm - Link - Report abuse 0Argentina will only pay 3bn in conformable scheduled payments or call the cops and wait 20 years to get 3.5bn.
May 19th, 2012 - 03:22 pm - Link - Report abuse 0Ha ha
@13 So you crims only propose to pay 1/3? Pity it isn't going to be enough. First off, you're going to need to pay a minimum of £10 billion for the company. Then there's the £1.5 billion repayment of the Petersen Group loan. Then, as you're a “bad risk”, there's the demands for immediate repayment of all outstanding debts. Otherwise, someone's going to have to take over your “cuntry”. Foreign troops in the streets. Execution of national “politicians”. Compulsory re-education. Execution of all queers. Removal of the tongues of anyone mentioning “Malvinas”.
May 19th, 2012 - 03:59 pm - Link - Report abuse 0Sadly the european incompetence will not let them do nowt,
May 19th, 2012 - 06:10 pm - Link - Report abuse 0and spain, well,
back it, or rackit ,
your on ya own.
your two cells in the same brain, enjoy
Comfortable Scheduled payments. Halfwits, they borrow millions and dictate to the lender how they are going to or even if they are going to pay it back. Ferk me, then they send out halfwit ministers to try and borrow more!!!!!!!!!!
May 19th, 2012 - 07:38 pm - Link - Report abuse 0Shit, these people live in ferkin comic opera land.
#14 “Execution of all queers”
May 20th, 2012 - 12:09 am - Link - Report abuse 0Your really obsessed aren't you? Only question is why...
@ reality check
May 20th, 2012 - 07:24 am - Link - Report abuse 0I’ don’t know what is your problem “berk”?
You are so concern about Spanish Repsol payment?????????
Are you looking for a Pyjamas discount? or something like that?
You are in the wrong place I guess.
But you can find a lot of offers in UKistan here would be a good start.
http://www.diyaonline.com/product-display.php?CID=5247&PID=1&selColor=13560
Sticks and stones, sticks and stones.
May 20th, 2012 - 08:03 am - Link - Report abuse 0Argentina did negotiated with repsol and the final agreement to was repsol took responsibility for keeping Argentina oil self sufficient, but repsol rather then meet their contractual agreements to invest in Argentina, payed themselves dividends and invested in brazil and Mexico while Argentina lost oil independence, and this is not even mention the pollution clean up bill. Europe might be right Argentina needs to negotiate and hand repsol a clean up bill and a charge for the cost of oil imports during repsols theft.
May 20th, 2012 - 11:39 am - Link - Report abuse 0@20 PH
May 20th, 2012 - 12:25 pm - Link - Report abuse 0All companies pay themselfs dividends, that's why they are in business. Investing elsewhere to earn further profit, is again, why a company is in business. Please explain why it is wrong to make a profit? I am not having a go, I just do not understand where your arguement is coming from? Are you advocating that all profits should go to the state and be passed on to the people.
I thought that was called communism, a concept abandoned by previous communist states, bar one.
#21 But if this particular capitalist firm was simply extracting profit and investing nothing back, surely the people through their government have the right to tell them to get lost? Otherwise where is the democracy - after all it was the lack of democracy which did for “communism”...
May 20th, 2012 - 12:51 pm - Link - Report abuse 0How can anyone say they weren't investing when they have found a potentially large g/g find recently? Do you think they just stumbled upon it? It is the reason they were nationalized for gosh sakes!
May 20th, 2012 - 01:30 pm - Link - Report abuse 0These are just CFK talking points. In the end Arg will have ot pay mkt value for what they stole. It is just a matter of time. Hopefully when CFK flees or offs herself someone with honor will take over. Probably not but one can hope.
23 yankeeboy (#)
May 20th, 2012 - 03:42 pm - Link - Report abuse 0May 20th, 2012 - 01:30 pm
In his report to the SEC in USA, De Vido admitted the responsability of the Kirchner Administration in the loss of production by YPF. It appeared in an article in the Nación. I posted the link in another thread.
@17 It's easy. I don't like queers. And, just by coincidence, I don't like YOU!
May 20th, 2012 - 04:44 pm - Link - Report abuse 0@18 Get together with BK. Then we can deal with you both as you deserve whilst you are “joined”!
@20 Oh, p*** off, you illiterate nincompoop. Emphasis on the last four letters.
@22 And this excuses theft? Strangely enough, “democracy” is a small part of “companies”. Did anyone call the shareholders together, explain the situation and ask for a vote? Nope. Just some big totalitarian mama stepping in and saying “Mine”! Notice that? Not “Ours”, “Mine”!
Keep that in the void you refer to as a “brain”. In the meantime, do the entire world a favour and expire. Getting back to the basics of our “conversation”. Have you noticed that the occupants of the Falkland Islands are people? Whilst the occupants of argieland aren't? Have you noticed that the occupants of the Falkland Islands are peaceful? Whilst the occupants of argieland aren't? Have you noticed that the occupants of the Falkland Islands don't threaten anyone? Whilst the occupants of argieland do? Have you noticed that you're an asshole?
Scottie_Kirchnerist
May 20th, 2012 - 05:51 pm - Link - Report abuse 0”after all it was the lack of democracy which did for “communism”...
Oh, do you make yourself look a prize pillock: an unreconstructed card carrying communist from the Scottish Old Labour clan.
Communism failed because of the treatment of the peasants who rebelled. They still don't have democracy but are a little better off than they were.
Think
May 21st, 2012 - 08:31 am - Link - Report abuse 0“never questioned the nation’s right of expropriation in accordance to Argentina’s constitution and international agreements.”
Isn't this exactly the point, the constitution says that you may expropriate but after a fair price has been agreed upon. The money is then paid and expropriation can happen. The way the YPF was expropriated was counter to the constitution. So, in the end, this is not really a step down from the EU at all, just a carefully worded statement which reserves the same rights as they have been talking about since the expropriation.
they will only return to the table after the country has been put though ruin, after the government continues to deny that they are heading that way. once they further isolate themselves from the rest of the world.
May 21st, 2012 - 01:18 pm - Link - Report abuse 0perhaps a curtain president will shoot her self in the head (instead of the foot) then ask her aids to burn her body so the “peasantry” cant find her body, like another fascist dictator we all know. just a possibility....
28 Tabutos
May 21st, 2012 - 03:35 pm - Link - Report abuse 0No need to burn The Mad Bitch of Argentina, just put her through a PVC granulator and remould her into (put your idea here)! :o)
back tracking cough cough
May 25th, 2012 - 05:51 pm - Link - Report abuse 0Commenting for this story is now closed.
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