All Andorra news / Business and Economy

Fitch Ratings affirms Andorra at ‘BBB+’. Outlook is stable

Fitch Ratings has affirmed Andorra’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’. The Outlook is Stable.

A full list of rating actions is at the end of this rating action commentary.

Under EU credit rating agency (CRA) regulation, the publication of sovereign reviews is subject to restrictions and must take place according to a published schedule, …

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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

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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All Andorra news / Society

There are 980 new Andorrans, the lowest figure since 1996

There are 980 new Andorrans, the lowest figure since 1996

The nationalities who most claim the andorran passport are French, Spanish and Portuguese

There has been a decrease of 10.5% since last year and a staggering 51% compared to ten years ago when there were 2.000 new passports. However of these 980, 36% will have to lose …

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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 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 Andorra news / Education

The new Andorran bill on higher education is designed to strengthen the position of the principality in the European Higher Education Area

The new Andorran bill on higher education is designed to strengthen the position of the principality in the European Higher Education Area, said the Minister of Education Eric Jover of the principality at a press conference following the meeting of the Council of Ministers on 13th December.

The bill guarantees free access to higher education without …

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All Andorra news / Business and Economy

The conference on the “Andorra Brand: how to improve country’s assessment” took place in Andorra

The conference on the “Andorra Brand: how to improve country’s assessment” with the participation of the President of Commission, Pere Augé took place in Andorra. The commission was established at the Confederation of Andorran Businesses’ (Confederació Empresarial Andorrana).

At the conference, it was noted that during the last months CEA conducted a first survey …

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