Spain is due to consider its next steps at a cabinet meeting on Friday. “They will be in the diplomatic field, the industrial field, and on energy,” he said. Spanish Industry Minister Jose Manuel Soria promised “consequences” in the coming days. Speaking at a World Economic Forum meeting in Mexico, he said the Spanish-controlled company was being expropriated “without any justification.” It’s a negative decision for everyone,” Spanish Prime Minister Mariano Rajoy said. Madrid called in Argentina’s ambassador over the nationalization order on Monday by Argentina’s combative president, Cristina Fernandez, a move that sent Repsol shares tumbling but delighted many ordinary Argentines. Spain's Foreign Minister Jose Manuel Garcia Margallo is surrounded by reporters after meeting with Argentina's ambassador to Spain Carlos Bettini, in Madrid April 17, 2012.
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