Cristina Fernández de Kirchner the twelve ministers appointed, seven had been ministers in Néstor Kirchner's government, while the other five took office for the first time. The selections anticipated the continuation of the policies implemented by Néstor Kirchner. She began a four-year term on 10 December 2007, facing challenges including: inflation, poor public security, international credibility, a faulty energy infrastructure, and protests from the agricultural sectors over an increase of nearly 30% on export taxes. Kirchner was the second female president of Argentina, after Isabel Martínez de Perón but, unlike Perón, was elected to the office, whereas Isabel Perón was elected Juan Perón's vice
YPF provinces subsequently revoked YPF leases representing a fifth of its oil production. Citing Brazilian oil giant Petrobras as an example, the president announced the introduction of a bill on 16 April 2012, for the renationalization of YPF: the national government would purchase a controlling 51% share, with ten provincial governments receiving the remaining 49%. Planning Minister Julio de Vido was appointed to head the Federal intervention, replacing CEO Sebastián Eskenazi. Repsol YPF CEO Antonio Brufau, Spanish Prime Minister Mariano Rajoy, and other Spanish officials objected to the nationalisation, accusing the Argentine government of driving down YPF shares ahead of the