The YPF expropriation bill which President Fernández de Kirchner sent to Congress this week is expected to finally be voted (and passed by a wide margin) by the Lower House on May 3. The bill calls for the expropriation of a 51 percent of YPF’s shares, currently owned by Spanish oil company Repsol.
The Lower House is scheduled to begin the debate right after the Senate votes on the bill next Wednesday. The bill is expected to be preliminary approved by a wide margin.
No Cabinet members are expected to be present during the Lower House, unlike last week during the debate in the Senate when Federal Planning Minister Julio De Vido and Deputy Economy Minister Axel Kicillof where both present on the floor.
Kirchnerite sources in the Lower House confirmed that lawmakers will begin debating the bill next Thursday in a plenary meeting including several congressional committees.
Fuente: Buenos Aires Herald