Repsol nationalize its oil and gas production. Results however show that the move to nationalize actually hurt oil production in Argentina. Compared to the oil production in 2011, YPF’s oil production in 2012 fell by 8%, according to data from Argentina’s Department of Energy. Repsol had the backing of the EU and the US, and both powers condemned Argentina’s move as expropriation. President Fernández claimed that the state would seize 51% of YPF. In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation. The proposal also would have given Repsol drilling rights to 6.4%
Cristina Fernández de Kirchner allow the President to run for a third term. Several corruption scandals took place and she faced several demonstrations against her rule. She was charged for low price sales of dollar futures, "The Rout of the K-Money" scandal, and was indited for obstructing investigation into the 1994 AMIA Bombing. In 2018, she was also indicted for corruption on charges alleging that her administration had accepted bribes in exchange of public works contracts. In 2015, Argentine federal prosecutor Alberto Nisman filed a 300-page document accusing Cristina Fernandez Kirchner of covering up Iran’s role in the 1994 bombing of the AMIA Jewish