All Andorra news / Business and Economy

Andorra increases the purchasing power of citizens by increasing the minimum salary and pension

The government of Andorra has taken a number of measures to increase the purchasing power of citizens. The country’s politicians turned to trade union representatives and enterprises to explain the various measures relating to salaries and pensions.

First of all, the minimum wage in the principality this year increased to 1,050 euros (since 2015, the minimum …

More
All Andorra news / Business and Economy

Andorra continues to promote the use of electronic certificates for companies and citizens of the principality

2350 citizens of Andorra, 631 officials and 126 companies are currently using electronic certificates. To increase the number of holders of this certificate, the Government of Andorra decided to extend the terms of its use for this year. The goal is to continue to develop use of the certificate between different administrations, citizens and individuals …

More
All Andorra news / Business and Economy

Four European casino companies have filed lawsuit against the government of Andorra for favouring Jocs SA in a recent controversial casino licensing process

Four European casino companies have filed lawsuit against the government of Andorra for favouring Jocs SA in a recent controversial casino licensing process.

Jocs SA, a regional company, had won the bidding process for a casino in Andorra la Vella after a controversial bidding process. All the companies that lost out raised their voice against the …

More
All Andorra news / Business and Economy

In 2019, electricity tariffs in Andorra will increase by 1%

FEDA’s (National Energy Company of Andorra) electricity tariffs will increase by 1.05% in 2019, which is lower than the price index. Thus, despite this increase, the price of electricity in Andorra will remain at a competitive level in comparison with neighboring countries.

“Tariffs should cover the cost of production, purchase and transportation of electricity while ensuring …

More
All Andorra news / Business and Economy

As of 1 March 2019, the Principality of Andorra will be part of the geographical scope of the Single Euro Payments Area (SEPA) schemes

As of 1 March 2019, the Principality of Andorra and the Vatican City State / the Holy See will be part of the geographical scope of the Single Euro Payments Area (SEPA) schemes.

The inclusion of financial institutions from these two states is a natural extension of the SEPA project and demonstrates the European willingness to harmonise …

More