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%
Infanta Cristina of Spain Infanta Cristina of Spain Infanta Cristina of Spain ("Cristina Federica Victoria Antonia de la Santísima Trinidad de Borbón y de Grecia", born 13 June 1965) is the younger daughter of King Juan Carlos I and Queen Sofía. she is sixth in the line of succession to the Spanish throne, after her brother King Felipe VI's children, her sister Elena, and Elena's children. From 2013 she was under investigation and later tried for fraud relating to accusations of corruption involving a company owned by Cristina and her husband. Cristina de Borbón was born at Our Lady of Loreto Clinic in Madrid