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The Spanish government pledged to take “decisive” action against Argentina within days, after President Cristina Fernandez de Kirchner seized YPF SA, the Argentine oil company majority-owned by Repsol YPF SA.
“The Spanish government is working on measures that will be announced in the coming days,” Industry Minister Jose Manuel Soria said at a press conference in Madrid last night. “They will be clear and decisive.” (Source: Bloomberg)
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