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Andorra and France discussed the prospects of cooperation in the framework of the operating of cross-border airport Andorra- La Seu D’Urgell (located in Spain)

Andorra and France discussed the prospects of cooperation in the framework of the operating of cross-border airport Andorra – La Seu D’urgell (located in Spain). In addition to the operating guide of the airport, the main issues, discussed at the meeting of representatives of state authorities of Andorra and France, focused on projects to improve …

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Crisis with one of the banks of Andorra – Banca Privada d’Andorra – negatively affected ratings of other banks of the country

Crisis of one of banks of Andorra – Banca Privada d’Andorra – negatively affected ratings of other banks of the country. In particular, the Fitch Rating agency lowered a long-term rating to Crèdit Andorrà bank from A to BBB (three positions) and short-term from F2 to F3 (from reliability level above average to the average …

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Morabanс group opened in Luxembourg a branch “Mora Asset Management Luxembourg, SA”

Morabanс group opened in Luxembourg a branch “Mora Asset Management Luxembourg, SA”. Official action took place in “Château de Septfontaines” in the presence of presidents of MoraBanc, Francis and George Mora, the CEO Pedro Gonsalez Grau, and also in the presence of representatives of world financial and diplomatic community.

Maria Victoria Simon will head MoraBanc group …

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The clients of Banca Privada d’Andorra (BPA) shouldn’t suffer from the carried-out restructuring of bank, says the chairman of the board of directors of the State agency of Andorra on restructuring of banks Albert Hinojosa

“The clients of Banca Privada d’Andorra (BPA) shouldn’t suffer from the carried-out restructuring of bank”, said the chairman of the board of directors of the State agency of Andorra on restructuring of banks (L’Agència Estatal de Resolució d’Entitats Bancàries, AREB) Albert Hinojosa following the results of meeting of board of directors of agency.

The main objective, …

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Standard&Poor’s rating agency published the report on a sovereign rating of Andorra on Wednesday, having kept it at the level of BBB-/A-3

Standard&Poor’s rating agency published the report on a sovereign rating of Andorra on Wednesday, having kept it at the level of BBB-/A-3, but having raised at the same time the negative forecast which was appropriated on March 12 in connection with crisis with Banca Privada D’Andorra. On March 11, 2015 National institute of finance of …

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As a result of adoption of the law “About investments” in 2012 in Andorra for the last 2 years 445 new work places were formed, thus 68 of them are formed in the first quarter of the current year

As a result of adoption of the law “About investments” in 2012 in Andorra for the last 2 years 445 new work places were formed, thus 68 of them are formed in the first quarter of the current year. Everything, it is told in the report of the Government of Andorra, the total quantity of …

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On July 7-8 in Toulouse will take place a seminar which will present Andorra as the international economic partner of Midi Pyrénées province

On July 7-8 in Toulouse will take place a seminar which will present Andorra as the international economic partner of Midi Pyrenees province. The state secretary on diversification of economy of Andorra Josep Maria Missé will head delegation of Andorra.

As expected, among other members of delegation of Andorra – the state secretary of tourism and …

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