YPF move finds domestic support

They're ours: Signs of support for YPF takeover

AFP/Scanpix

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By News wires

 17 April 2012 21:21 GMT

Argentina's drive to seize control of leading energy company YPF from Spain's Repsol may have outraged European trade partners and foreign investors, but many ordinary citizens hailed it as virtually heroic.

The move by combative President Cristina Fernandez appealed to Argentines who are critical about the vagaries of global finance and the controversial privatizations of the 1990s, a decade remembered for rampant corruption and factory closures in Latin America's No. 3 economy, Reuters reported.

Fernandez loyalists pasted "Thank You Cristina" posters on government buildings in the capital Buenos Aires and supporters of the expropriation drive praised the president's boldness.

"It's about recovering what's ours," Julio Olaz, a passerby in downtown Buenos Aires, told the news wire. "We need to get together and make sure…

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