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…

Opera National de Paris (La Traviata, Guiseppe Verdi is in the program of the evening) will visit Andorra (Pyrenees) on June 17. Traviata opera will be executed by Francesco Demuro (tenor) and Diana Damrau (soprano). The director is Benot Jacque. “Traviata”…

Andorra Telecom has selected Cisco Systems for the enrollment of Wi-Fi network in Andorra (Pyrenees). The network offers two levels of services for the guests and citizens of Andorra: free basic internet connection (for getting local news and complete touristic…

BancSabadell D’Andorra (one of 5 banks, operating on the territory of Andorra (Pyrenees)) held annual stockholders meeting, where the financial results of 2013 were summed up and the goals for 2014 were set. In 2014 the management of the bank forecasts “the…

Fitch Ratings has retained long-term and short-term ratings of Andbank, Andorra (Pyrenees), at ‘A-‘ and ‘F2′ levels respectively. The statement points out the «stable» outlook, and notes that the preservation of ratings is determined by the «international…

Yesterday the Minister for Finances of Andorra (Pyrenees) Jordi Cinca and his colleague from Luxembourg Pierre Gramegna  signed the agreement on double taxation exemption. This is the second agreement on double taxation after the one signed with France. Jordi…

On Friday, the head of the Government of Andorra, Antoni Martí Petit, signed the agreement with the heads of Andorra la Vella and La Massana parroquies Rosa Ferrer and David Barrot on the launch of cable way construction project, that will connect on the…

A new stage of cooperation in the sphere of tourism and finances was announced open at the meeting between the Minister for Foreign Affairs of China Wang Yi and his colleague from Andorra (Pyrenees) Gilbert Saboya Sunyé that took place on May 28, 2014 in…

In the near future the Parliament of Andorra will consider the bill on casino on the territory of the Principality. In case  the bill is adopted, (the chances are assessed fairly high) – Andorra (Pyrenees) will open the door to the gambling activities. Supporters…

Bank Credit Andorra has exhibited a part of its art collection for the first time outside Andorra (Pyrenees). The art works will be exhibited in Madrid (Spain) during the events organized in honor of the 25th anniversary of the bank Banco Alcalá – a subsidiary…