All Andorra news / Business and Economy

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.

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
government will continue …

More
All Andorra news / Business and Economy

Andorra increases the purchasing power of citizens by increasing the minimum salary and pension

The government of Andorra has taken a number of measures to increase the purchasing power of citizens. The country’s politicians turned to trade union representatives and enterprises to explain the various measures relating to salaries and pensions.

First of all, the minimum wage in the principality this year increased to 1,050 euros (since 2015, the minimum …

More
All Andorra news / Business and Economy

As of 1 March 2019, the Principality of Andorra will be part of the geographical scope of the Single Euro Payments Area (SEPA) schemes

As of 1 March 2019, the Principality of Andorra and the Vatican City State / the Holy See will be part of the geographical scope of the Single Euro Payments Area (SEPA) schemes.

The inclusion of financial institutions from these two states is a natural extension of the SEPA project and demonstrates the European willingness to harmonise …

More
All Andorra news / Business and Economy

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 …

More
All Andorra news / Business and Economy

New tariff table with minimum wages in Andorra, depending on profession and qualification, is published by BOPA

New tariff table with minimum wages in Andorra, depending on profession and qualification, is published by BOPA on 25th October.

Position and qualification
Minimum wages 2018

Directors, managers and CEOs

2.106 €

 

Specialists of physical, chemical and mathematical sciences, engineers, specialists in the field of computers, architects, city planners (completed the 2 and 3 cycles of the university)

More

All Andorra news / Science and technologies

The budget distribution of the Renova program in order to expand the production and use of photovoltaic installations is modified

The Council of Ministers has approved, this Wednesday, to modify the budget distribution of the Renova program in order to expand the part corresponding to the aid given to the production and use of photovoltaic installations. The objective is to be able to meet the significant volume of applications received, which has already exceeded the …

More