Spain, EU Take Retaliatory Measures Against Argentina Over YPF
Posted by David Icke
'On Friday, Spanish Deputy Prime Minister Soraya Saenz de Santamaria announced plans to impose limits on biodiesel imports from Argentina, giving preference to domestic or European bio-fuel.
"The objective of this decision is to support Spanish and European Union refineries so that they can supply biodiesel under competitive conditions," Santamaria said.
Ninety percent of Spain’s imported bio-foul comes from either Argentina or Indonesia. In 2011, Spain imported approximately $750-million worth of bio-fuel from Argentina.'
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