|Author (Person)||Kaczyński, Piotr Maciej, Llaudes, Salvador|
|Publisher||Centre for European Policy Studies [CEPS]|
|Series Title||CEPS Commentary|
|Series Details||13 September 2012|
|Content Type||Journal | Series | Blog|
Relations between the European Union and Argentina are under severe strain. For years, the Argentinean government has been involved in a diplomatic dispute with the United Kingdom over the status of the Falkland Islands (Las Islas Malvinas to the Argentines). It recently decided to take advantage of Spain’s current economic weakness to attack a major Spanish investment in the country. On April 16th, the Argentinean government expropriated 51% of Repsol’s shares in YPF, a former state-owned oil company, which had been privatised in the early 1990s. This action provoked a public outcry in Madrid and beyond, especially in the European Commission. In this Commentary, we explore its longer-term impact on relations between the EU and Argentina.
|Countries / Regions||Europe, South America|