The Government of Andorra announced its intention to hold the PR-campaign with 2.294 mln euro of total budget with the purpose to increase touristic flow. The Ministry forecasts that the total growth will make up 3%. It is expected that about 800 000 tourists…

Opera singer Montserrat Caballé  is accused of tax payment evasion in Barcelona (Spain, Catalonia). The case against Montserrat Caballé  is tried at the court that will determine punitive measures in case the guilt is proved. The public prosecution office…

World known “Cirque du soleil” plans to present a number of specialized performances in Andorra (Pyrenees) from July 5 till August 2. Traditionally the show promises to be outstanding, but the major reason to consider the show special is that the spectators…

The program that presupposes financial benefits for buying alternative fuel automobiles or the automobiles with reduced level of CO2 emission was launched in Andorra (Pyrenees). The Ministry for Economics of the principality promoted this initiative. In the…

In accordance to Azerbaijan news agency APA the President of the Republic of Azerbaijan Ilham Aliyev welcomed ex-Prime minister of Andorra (Pyrenees) Oscar Reig on April 26. It was emphasized in the course of the meeting that currently there are great opportunities…

Credit Andorra financial group, Andorra (Pyrenees), proceeded international expansion: it has opened the investment fund in Luxembourg—one of the leading financial centers, famous for its fund management experience. “Credit Andorra” has already got two registered…

Today the Parliament of Andorra has passed the bill on the implementation of individual income tax (IPRF) from January 1, 2015. All the incomes of Andorran citizens, that exceed 40 000 euro (55 000 $) limit, will be taxed in accordance to 10% rate. The incentive…

In summer Andorra (Pyrenees) will welcome traditional sport contests. First festival of extreme sports FISE (International Festival of Extreme Sports) will take place on June 27-29, 2014 in four disciplines: bicycle motocross (BMX) with the usage of specialized…

Triathlon competition will take place on July 27 from 9.15 to 14.40 in Andorra (Pyrenees). The admirers of this difficult discipline anticipate Andorran stage of Triathlon Cup Skoda Triathlon Series. The participants are attracted by the peculiarities of…

The 37th bike ride through Andorra (Pyrenees) will take place on July 6. The event starts from 8.30 at “Gran” park , Prat-del-Collate (La Massana) and finishes at 17.30 at Coma-d’Arcalis (Ordino) at the height of 2225m. Andorran bike ride—is a bike touristic…

Marathon Andorra (Pyrenees) Ultra Trail Vallnord (AUTV) will take place on July 10-13 of 2014. This marathon is a unique opportunity to see the Principality from the highest points. The route goes through the territory of the natural park of Comapedrosa,…

MoraBanc, Andorra (Pyrenees), closed the fiscal year of 2013 with 42.4 mln of profit and increased the capital ratio up to 33.5%. The bank says that in 2013 the capital ratio of MoraBanc proceeds its positive trend and currently stays at its record level…

Dedicated to the 25th anniversary of Andorran higher educational establishment, the University of the Principality (UdA), San Julia de Loria, Andorra (Pyrenees) conducts the conference “Higher education in EU countries and in Andorra, its rating and integration…

Standard & Poor’s, one of the leading international rating agencies, has published the report about economic forecasts of Andorra (Pyrenees) for 2014. In accordance to the information, provided by the agency, the credit rating of the Principality’s paying…

  In  accordance to the estimates of the Government of Andorra, in order to assure optimistic forecasts on the amount of tourists, visiting Andorra (Pyrenees) in summer time, their amount should be increased up to 600 000 (approximately 30% more than in the…

The Minister of Andorran Presidency Antoni Riberaygua claimed that the bill on gambling that was being developed would be of maximum attractiveness for potential operators. He also said that the Government of Andorra was analyzing the tax regimes of neighboring…

The Director of Andorra Telecom (Andorra Telecom is a monopolist of the telecommunication market of Andorra (Pyrenees)) Jordi Nadal announced about the initiative to create an integral wi-fi network on the territory of the Principality. In accordance to his…

Latvian Ministry for foreign affairs informs that on April 4, 2013 a new ambassador of Latvia in Andorra (Pyrenees) Yanis Aimanis presented his credentials to co-Prince of Andorra, the bishop of La Seu D’Urgell (Spain, Catalonia) Joan Enriс Vives i Sicília.…

Grandvalira, Andorra (Pyrenees), has been visited by 1.5 mln tourists this ski season, reported a representative of the resort administration. In accordance to him this number is not final as far as the official ending of ski season in Andorra will take place…

BancSabadell D’Andorra—one of 5 Andorran banks— finished the fiscal year of 2013 with 6 960 000 of profitability, which is  by 5,07% higher than last year level. The finance statement will be presented for the bank-court approval on May 30 of the current…