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Air Andorra became the 50th member of ERA from the moment the organization was established

European Association of Regional Airlines (ERA) welcomes AndAir (Air Andorra) among its members, reports an official statement of ERA. AndAir became the 50th member of ERA from the moment the organization was established. The newsletter also notes that all airlines – the members of the organization, bring significant contribution to the economic growth and development …

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The British magazine World Finance named MoraBanc the best Andorran bank in accordance to World Finance Banking 2014 rating

The British magazine World Finance named MoraBanc the best Andorran bank in accordance to World Finance Banking 2014 rating. The bank says that the annual publication of this rating demonstrates the analysis of all work quality indexes of bank institutions. Last year MoraBanc was also named the best bank of Andorra.

Morabanc notes that the decision …

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Andorran Government intends to develop business tourism that makes up only 0.1% of the total amount of the visits to the Principality

Government of Andorra intends to develop business tourism that makes up only 0.1% of the total amount of the visits to the Principality. As the Minister for Tourism and Environment Francisc Camp explained, 0.1% of the total amount of tourists  is about 10 000 people, taking into consideration that the Principality is annually visited by 7.6 …

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Standard & Poor’s has decreased Andorra’s rating to the level of BBB+ because of the banking sector expansion risks

The international agency Standard & Poor’s has decreased Andorra’s rate by one step – to BBB+  level in 2014. The report of the agency says  that “the focus on state reforms  didn’t manage to compensate the level of international expansion risks from financial sector side”. At that, the rate of short-term payments remained at the …

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Bitcoin: digital money. The first Digital Currency Summit in the world on the issues of regulations, finances and investments will take place in Andorra

Bitcoin: digital money. The first in the world Digital Currency Summit on the issues of regulations, finances and investments will take place in Andorra. The event is preplanned for September 17-19th 2014 at the Congress Center of Andorra la Vella.

Digital Currency Summit is a chat forum. Its main goal is to explain digital currency essence …

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The Federal Council of Switzerland confirmed the agreement on tax information exchange (TIEA) with Andorra

The Federal Council of Switzerland confirmed the agreement on tax information exchange (TIEA) with Andorra, Greenland, San-Marino and Seychelles. In accordance to the official press-release of the Council, the document was sent to the Parliament for ratification.

By the current moment Switzerland has already signed the agreements on tax information exchange with Greenland– on 7th March, …

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