All Andorra news / Business and Economy

Fitch Ratings has affirmed Andorra’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’

Fitch Ratings has affirmed Andorra’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’. The Outlook is Positive. A full list of rating actions is at the end of this rating action commentary.

KEY RATING DRIVERS
Andorra’s IDRs reflect the following rating drivers:

The country’s wealth, relatively strong public finances and political stability are balanced by the economy’s small …

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Andorra keeps compatible prices for electronics, household appliances, pharmacy, alcohol and tobacco in reference to France and Spain; at that the price gap can come up to 40%

The President  of the Federation of Business Associations of Andorra (FACA) Antonio Miralles claimed that Andorra will keep compatible prices for electronics, household appliances, canadian pharmacy, alcohol and tobacco in reference to France and Spain; at that the price gap can come up to 40%. The market researches, conducted by Spanish marketing agencies in accordance to …

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Standard & Poor’s has improved Andorra’s sovereign rating from “BBB- / A-3” to “BBB / A-2” in the long-term and short-term, and maintains a stable outlook

Standard & Poor’s has improved Andorra’s sovereign rating from “BBB- / A-3” to “BBB / A-2” in the long-term and short-term, and maintains a stable outlook. The rise of the rating shows a recovery of the country’s economy after the crisis with the BPA bank, as a result of which the rating was reduced to …

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