The rating agency Standard & Poor’s affirms the rating of Andorra on “BBB / A-2” and maintains the positive outlook established last July. S&P highlights the progress made by the Principality of Andorra to join the International Monetary Fund, which could mean an improvement in the country’s rating by the rating agency.More
The recovery and resolution of banks and investment companies Bill of Andorra is approved. The Government has approved the Recovery and Resolution Act of banks and investment companies, which aims to enable the resolution of any financial institution without entailing a serious interruption to the system, minimizing as much as possible the …More
VRH – the virtual reality entertainment center and biocybernetics laboratory
Product, Price, Time
EUR 370 mln, 7 years.
Virtual city is the large-scale entertainment center and biometric laboratory
Dome structure with Stewart platforms. Virtual reality and biocybernetics laboratory.
Kinematics analysis new perspective direction (movement in human space). There are no analogs of the 3D environment …
Mike Curran, director of the PricewaterhouseCoopers LLP (London), took part at a seminar “Brexit: an overview of the impact for investors” in Andorra, offered by Morabanc. He shared with all-andorra.com his point of view on private banking perspectives and gave advice how to manage clients successfully:
“I’ve been doing this type of events in Andorra for …More
The Minister of Economy and Business of Andorra, Jordi Gallardo Fernandez talked to all-andorra.com about the new government’s main projects. Among them were the construction of the airport in Andorra with a large capacity, the possible construction of a railway leading to Andorra from both France and Spain and reforming the banking system. He also …More
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:
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 …
Philippe Port, Director of SCANDIC CHALETS (Font-Romeu, located in the South of France near the border with Spain, in the province of Pyrénées-Orientales; real estate; CA: 1 474 600 €), told all-andorra.com about taxes on property and other payments in France, as well as the advantages of investing in wooden houses constructions:
“In France there are …More
The Government of Andorra allocates 4.399.617.97 euros to pave the roads of the Principality, reports the Council of Ministers of Andorra. Pavand, SA got the contract.
53.86% of the total amount (or 2.369.634.23 euros) will be spent on paving federal roads, 16.74% (or 736.496.06 euros) for paving municipal roads.
The remaining funds will be spent on the …More
A new private art gallery showcasing the exhibition “Over-Night Sensation” opened yesterday in Andorra la Vella. The owner of the gallery Francisco Herreros told all-andorra.com why he decided to open it in Andorra:
“I began some years ago by establishing shops for artists here in Andorra, where I sold canvases, paints, brushes, stretchers, easels – it was the first and …More
The State secretary for economic diversification of the Andorran government Josep Maria Missé speaks about foreign investments in Andorra and his expectations for 2016 in the interview to all-andorra.com:
Interview: Jacqueline Terno
What are the changes in the volume of investments since 2012? What are these investment projects? Who are the investors? What is the total investment?
According to the official information updated by …More