Axel Kicillof headed by Hernán Lorenzino. After that, on November 18, 2013, Kicillof officially became Minister of Economy. Kicillof was instrumental in the renationalization of YPF. President Cristina Fernández de Kirchner named Kicillof to the post of Secretary (or Deputy Minister) for Economic Policy and Development Planning in December 2011. He took academic leave to assume this post. In this position, Kicillof oversaw the controversial 2012 nationalization of YPF, the Argentine oil company then controlled by the Spanish energy firm Repsol. It was the largest expropriation in Argentina's history. He justified this action as part of a needed reversal of the Argentinian
Presidency of Cristina Fernández de Kirchner provinces, which causes looting. The year began with a renewed economic crisis, which led to a nationwide strike of teachers, and a general strike by union leader Hugo Moyano. The crisis was temporarily solved with a rise of the interest rate. On January 22, Cristina Fernández announced the government-sponsored programme "Progresar", which gives a monthly subsidy for youths aged 18 to 24 who wish to complete studies but are unemployed or work under the table. Cristina Kirchner visited Pope Francis for a third time. The scandal over Amado Boudou grew when he was summoned for inquiry by Federal Judge Ariel