Renationalization of YPF Renationalization of YPF President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012 for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay $5 billion in compensation to Repsol, which had previously owned YPF. YPF was founded in 1922 as the first oil company
Cristina Fernández de Kirchner seized materials. Kirchner blamed the whole country for the 2014 default, ruled by US judge Thomas P. Griesa. She said in a "cadena nacional" ("national network") address that the US may be trying to oust her from power, or even assassinate her. She said this a few days after accusing the Islamic State of Iraq and the Levant of similar assassination plans against her. The idea was rejected by opposition leader Elisa Carrió as a mere conspiracy theory. The 30th anniversary of the Falklands War took place in 2012, and Kirchner increased the anti-British sentiment in her rhetoric, reiterating the