Economy Ministry
Coverage of Economy Ministry in the Nexus archive.
- Germany to scale back renewable subsidies amid power grid strain
Germany plans to reduce renewable-energy subsidies starting in 2027 to address power grid strain caused by surging solar output. A draft law from the Economy Ministry proposes rewarding renewable projects that align with electricity demand and avoid worsening grid congestion.
- South Korea to bring digital assets under new state asset management system
South Korea’s Economy Ministry plans to include digital assets and intellectual property under the country’s new state-asset management framework.
- Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9
Argentina's Economy Ministry issued the Bonar 2028 (AO28) dollar-denominated bond under local law to secure most of the $4.2 billion needed for a bondholder payment due July 9. The Finance Secretariat awarded an additional $100 million in a second auction round, reaching the $2 billion cap for the instrument.