Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-20-Speech-5-240-000"

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"en.20120420.21.5-240-000"2
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"I supported the resolution on the legal security of European investments outside the European Union. The Argentine Government announced on Monday, 16 April, its intention to nationalise YPF, the subsidiary of the Spanish Repsol group. The YPF takeover should come about through the vote on a draft law in the Argentine Congress. The Spanish company is asking for EUR 8 billion for the buyout of its shares, a figure that the Argentine Government seems unable to accept. This resolution aims to clarify the situation for the disputes over bilateral contracts concluded before the entry into force of the Treaty of Lisbon. It states that, before the adoption of the regulation ensuring the stability of these bilateral agreements concluded before the Treaty of Lisbon, Member States and their operators must settle their disputes themselves in terms of investment and any retaliation measures."@en1

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