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Andorra participates in the Knowledge, Innovation and Sustainability Discussion Forum to coordinate the upcoming Ibero-American Summit in 2020

The acting minister of Economics, Competitiveness and Innovation of Andorra, Gilbert Saboya, took part in the presentation of the Knowledge, Innovation and Sustainability Discussion Forum. All these topics will be discussed at the upcoming 27th Latin American Summit. The event, organized by the Embassy of Andorra in Madrid, was held on March 18 at the …

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36% of the administrative procedures in Andorra were done online in 2018

The Administration has managed 160,977 transactions in 2018, of which 57,832 (36%) were made through its web portal, www.e-tramits.ad.

The Secretary of State for Public Function and Administrative Reform, Antoni Rodríguez, has valued this data as very positive because it demonstrates the modernization of procedures with the creation of electronic identity and administrative simplifications.

The implementation of …

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S&P Global Ratings affirmed its ‘BBB/A-2’ long- and short-term foreign and local currency sovereign credit ratings on Andorra

 

S&P Global Ratings affirmed its ‘BBB/A-2′ long- and short-term foreign and local currency sovereign credit ratings on Andorra. The outlook is stable.

S&P Global Ratings:

“OUTLOOK
The stable outlook balances our expectation of robust economic activity and sound fiscal performance against risks related to the large size of Andorra’s financial sector. It also reflects our expectation that the upcoming …

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Andorra has approved the Regulation regarding the legal regime for payment services and electronic money

photo: govern

The Government has approved the Regulation regarding the legal regime for payment services and electronic money and payment institutions and electronic money institutions that will enter into force on the day after its publication in the Official Gazette (BOPA) of the Principality of Andorra.

The finance minister, Jordi Cinca, explained that the text expands …

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Budget 2019 forecast: revenues of 444,771,051.15 euros and costs of 457,908,499 euros

photo: govern

The finance minister, Jordi Cinca, announced at a press conference the great figures for the 2019 budget, which foresees revenues of 444,771,051.15 euros and costs of 457,908,499 euros. The bill of the 2019 budget approved by the Council of Ministers, entered into parliamentary proceedings this Wednesday. Cinca said that this is the budget …

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Andorra meets Austria to discuss an agreement to avoid double taxation between countries

Foreign Minister Maria Ubach met with her counterpart, Austria’s Minister for Europe, Integration and Foreign Affairs, Karin Kneissl, to discuss various issues in the bilateral field, such as the negotiations for an agreement to avoid double taxation between both countries that would allow investment to be boosted, as well as strengthening cooperation in tourism and …

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Andorra discusses with France the objective of establishing relations in the field of circular economics

photo: Govern

The Minister of the Environment, Agriculture and Sustainability, Sílvia Calvó, met this Thursday with the deputy and president of the Institute of the Circular Economy of France, François-Michel Lambert. The meeting, which was also attended by the general director of Environment and Sustainability, Marc Rossell, had the objective of establishing relations in the …

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S&P Global Ratings affirmed its ‘BBB/A-2’ long- and short-term foreign and local currency sovereign credit ratings on Andorra

On July 20, 2018, S&P Global Ratings affirmed its ‘BBB/A-2’ long- and short-term foreign and local currency sovereign credit ratings on Andorra. The  outlook is stable.

The stable outlook balances our expectation of robust economic activity and sound fiscal performance against risks related to the large size of Andorra’s financial sector.

S&P could raise the ratings if

Andorra improves its …

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