All news / Politics

President of the Generalitat of Catalonia, Quim Torra, spoke at the 29th meeting of the Pyrenees businessmen criticizing the Spanish government

President of the Generalitat of Catalonia, Quim Torra, spoke at the 29th meeting of the Pyrenees businessmen, which ended today in la Seu d’Urgell (Spain). The event brought together Catalan businessmen, who discussed “sustainable growth of the region’s economy.”

Quim Torra criticized the Spanish government, who have”disconnected” from the problems associated with the sovereignty of Catalonia. …

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Andorra has expanded the list of countries for tax information exchange

Andorra has expanded the list of countries for tax information exchange.

The amendment to the law will be adopted in 2020. Thus, Andorra will exchange information with a total of 95 jurisdictions.

The new countries included in the list are: Azerbaijan, Nauru, Pakistan, Panama, Saint Kitts and Nevis, Anguilla, Bahamas, Bahrain, Barbados, Belize, Ghana, Lebanon, Marshall Islands, …

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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 ratings reflect the following key rating drivers:

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

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All news / Business and Economy

Standard & Poor’s confirms the long-term rating of Andorra at the level of “BBB / A-2” and maintains a stable outlook

Standard & Poor’s confirms the long-term sovereign rating of Andorra at the level of “BBB / A-2” and maintains a stable outlook. Analysts of the agency positively rate the reform program in Andorra, good financial results and rapprochement with international standards.

The agency points out that the rating can be raised if Andorra’s negotiations with the …

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All news / Education

Vall Banc and the Ministry of Education of Andorra signed an agreement on financing the training program for Andorran students at the Massachusetts Institute of Technology (MIT)

photo: govern

Vall Banc and the Ministry of Education of Andorra signed an agreement on financing the training program for Andorran students at the Massachusetts Institute of Technology (MIT). The corresponding agreement was signed by the Minister of Education of Andorra Eric Jover and CEO of Vall Banc Michael Johannes Christner.

The agreement provides for the …

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The government of Andorra issues bonds worth a total of 100 million euros to refinance the public debt

The government of Andorra issues bonds worth a total of 100 million euros to refinance the public debt.

The bonds will be issued in two tranches: 50 million euros each.

The final release terms are as follows:

Issuer: The Government of the Principality of Andorra
Number of shares issued: 100,000
Instrument Category: Zero Coupon
Forms of promissory notes: 18 months
Fixed interest …

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