In the first quarter of 2014 year, the international company Gorgeov’s, which has representative offices in Andorra (Pyrenees) and Luxembourg, sold by the virtual bidding 15 art works of such great world renowned masters as Pablo Picasso, Paul Gauguin, Claude…

The former president of Catalonia (Spain), Jordi Pujol i Soley, who chaired the Catalan Government for 23 consecutive years, is accused of illicit possession and laundering of public funds. According to some reports, the stolen sums are estimated to be about…

«The Banker» magazine analyzed the list of Top 1000 world banks: MoraBanc, Andorra (Pyrenees) took the 20th position in the list of the most reliable banks in the world. In accordance to the article of Financial Times Group, the capital adequacy ratio (BIS)…

Banca Privada d’Andorra (BPA), national energetic company Forces Electriques d’Andorra (FEDA) and Pedaland company announced the beginning of  new rental vehicle type usage in Andorra (Pyrenees) –  electric bikes (e-bikes). This type of bikes requires neither…

Skydream company (Spain, Catalonia, Barcelona) announced the commencement of work on launching a wind tunnel complex in Andorra (Pyrenees). Andorra annually attracts more than 9 million tourists and has got a developed tourist infrastructure, therefore, the…

The highest (70 m) mobile observation wheel in the world Avistand installed in the center of Escaldes-Engordany, Andorra (Pyrenees) next to the touristic shopping street (Carlemany avenue). The wheel is able to serve 1000 of tourists per hour. The weight…

The General Director of UNESCO Irina Bokova made several statements regarding the educational system of Andorra (Pyrenees) within her visit to the Principality on 21-22d July, 2014. “Andorran educational system is based on the complementarity of all three…

On 23d July the Ambassador of Latvia in Andorra (Pyrenees) Janis Eihmanis presented credentials to the co-Prince of Andorra and the President of France François Hollande. The co-Prince of Andorra simultaneously welcomed 24 ambassadors, accredited in Andorra…

Financial Times confirms the position of Credit Andorra Bank as the biggest bank of Andorra (Pyrenees) in the list of TOP 1000 world banks rating. This classification is based on the capitalization indexes and financial stability of banking structure; it…

The Vice-President of the Trade Foundation of Andorra (Pyrenees) (FACA) Antonio Miralles announced the subtotal results of shopping sales after a half of the summer season 2014 has passed. In accordance to his words the stores witness the decrease of sales…

The Ambassador of France in Andorra (Pyrenees) Ginette de Matha held her first public event in the new position. The event took place in Andorra la Vella and was dedicated to the 100th anniversary of WWI beginning in 1914. In her speech Ginette de Matha emphasized…

It is for the second time that Global Banking & Finance Review agency grants the status of the best Andorran bank in “private banking” sector to Credit Andorra. This service is a top-notch level of client service in the global scale that presupposes individual…

“No doubt, Andorra (Pyrenees) is standing on the way of recuperation from the impacts of financial crisis. This is confirmed by the financial indexes of the first part of 2014, that after a long time of constant decrease finally demonstrated positive dynamics”…

Andorra parliament. Political parties of Andorra (Pyrenees) The new Consell General is a building in Andorra la Vella, the parliamentary seat of the General Council of Andorra, that replaces the historic seat of Casa de la Vall. It is located next to the…

The Government of Andorra ratified the project of Canillo, Andorra (Pyrenees), educational center expansion, it will occupy the surface of 8000 km2. The project will be completed by 2017. A new educational center can be attended by 500 pupils (for now this…

The cost of petrol in Europe. “Post office ” (one of the largest UK data portal) published its annual report on the dynamic of petrol prices in Europe. 22 countries participated in the research. In accordance to the report data, the prices for diesel in UK…

In his speech at the Andorran Parliament the head of the Government of Andorra, Antoni Martí Petit, claimed that neither wealth nor inheritance tax will be imposed. In accordance to his words, the tax reform, that is currently being executed in Andorra (Pyrenees)…

MoraBanc, Andorra (Pyrenees) applied for the participation in the auction on acquiring the assets of Catalunya Banc. The winner will be determined by the Fund of Bank Restructuring  (FROB). Fondo de Restructuracion ordenida bancaria is a structure launched…

The President of France and co-Prince of Andorra (Pyrenees) François Hollande finished his two-day visit to the Principality. One of the major goals of his visit was to get acquainted with political and economic systems of the country that, in accordance…