Business

Economy, finance, and commercial developments in the region.

Business•2 Related•May 02, 2026 • 06:32

Andorra's Labour Day Passes Quietly Without Protests Amid Divided Workforce

Essential workers in tourism and retail labored on Labour Day to serve tourists, while others enjoyed the holiday, highlighting wage and work culture tensions.

Business•4 Related•May 02, 2026 • 06:32

Andorra Tourism Minister Proposes Doubling Tourist Tax in Peak Seasons

Andorra plans a dynamic tourist tax system with higher peak-season rates based on market studies of neighboring countries. Changes require law amendments and sector consensus, potentially effective by late 2026 or 2027. Collections have stabilized post-2022 rollout.

Business•5 Related•May 01, 2026 • 06:47

Andorra Approves Law Equalizing Maternity and Paternity Leave at 20 Weeks by 2030

Andorra's parliament unanimously enacts legislation to equalize maternity and paternity leave at 20 weeks by 2030, fostering work-family balance. Cross-party support highlights shared parental duties amid debates on implementation speed and gender equality consistency.

Business•2 Related•Apr 30, 2026 • 13:46

Andorra Hits €237M Financing Capacity in Q3 2025 on Services Surplus

Robust €689M services exports offset goods trade deficit, driving 112.1% current account surplus amid solid external finances.

Business•5 Related•Apr 30, 2026 • 07:31

Andorra Business Launches 2026 Grants with €180,000 Budget, Up 30% to Boost SMEs

Subsidies cover up to 80% of costs for sustainability, innovation and growth projects, with applications open until May 29 and a possible second round later.

Business•4 Related•Apr 30, 2026 • 07:03

Canillo Approves Scaled-Back Incles Valley Housing Plan for 16 Homes or 8 Chalets

Project cedes 20% of 8,460 sqm site for public tourism facilities amid council push for quality over density; Armiana telecabina talks stall with holdout landowners.

Business•2 Related•Apr 30, 2026 • 07:02

Andorra Minister Meets Skål Club Board to Boost Tourism Collaboration

Torres pledges government support for World Tourism Day on September 27 and emphasizes stronger ties among hospitality, travel, and business professionals in the Principality's key economic sectors.

Business•3 Related•Apr 30, 2026 • 07:02

Myandbank Launches Instant Virtual Card Service with No Fees or Physical Card Needed

Users activate the fully digital payment option in under three minutes via mobile app, featuring immediate access, zero charges, and seamless integration with Apple Pay and Google Pay.

Business•5 Related•Apr 29, 2026 • 22:16

Andorra Cuts Work Permit Quota by 11% to 800 Amid Business Pushback

Andorran officials reduced the annual quota for residence and work permits to 800 from 900, citing slower population growth and quality-of-life goals. Business groups protest the cut will worsen labor shortages in key sectors.

Business•3 Related•Apr 29, 2026 • 13:01

Andorra Launches NODE Urban Impact Fellowship with MIT in Boston

Paid one-year programme for Andorran talent to analyse socioeconomic impacts of new NODE headquarters, blending time in Andorra and Boston from September 2026. Applications close 9 June.

Business•3 Related•Apr 29, 2026 • 08:17

Andorra Mobile Subscribers Hit 132,857 in March 2026, Up 3.3% Year-on-Year

Fixed-line telephony rose 1.6% to 54,453 and broadband 2.9% to 44,451, while voice traffic fell 8.4% but internet data surged 5.4% with mobile usage up 34.4%.

Business•4 Related•Apr 29, 2026 • 07:47

MoraBanc Reports €62.5M Profit, Record Assets in 2025 Approval

Shareholders endorsed strong 2025 results at the general meeting, with CEO Lluís Alsina outlining growth in Spain, Switzerland, and Miami, while President Joan Maria Nin stressed commitment to Andorra despite global tensions.

Business•4 Related•Apr 28, 2026 • 07:01

Andorra Visitor Numbers Rise 10.5% to 714,488 in March

Andorra's Department of Statistics reports a tourism rebound, with sports and shopping leading motivations. Spanish border entries grew, offsetting French declines, while average overnight stays ticked up to 3.6 nights.

Business•4 Related•Apr 28, 2026 • 06:32

Andorra Cuts Work Permit Quota to 800 Amid Business Hiring Concerns

Andorra's Economic Council endorsed a reduced quota of 800 new work and residence permits, sparking pushback from employers facing recruitment challenges in key sectors and unions calling for better planning.

Business•4 Related•Apr 27, 2026 • 13:46

Andorra CES Approves 800 Residence Permits, Down 11% from Last Year

Andorra's Economic and Social Council endorsed a reduced quota of 800 new residence and work permits, reflecting an 11.1% cut to match economic needs. A separate allocation of 150 permits targets professional athletes across top teams.

Business•2 Related•Apr 27, 2026 • 13:31

Andorra's 2026 Public Sector Budget Hits 2,089.1M Euros, Up 8.7%

Andorra's Statistics Department reports balanced 2026 public sector budgets at 2,089.1 million euros each. Excluding financial items, spending rises 9.6% to 1,990.3 million euros, with revenue up 9.3%. Growth centers on public administrations amid declines in companies.

Business•2 Related•Apr 27, 2026 • 05:16

Andorran Luxury Watch Smuggler Freed After 6 Months in Jail

A judge approved the release of the man accused in a luxury watch smuggling and laundering case, citing no direct harm to Andorra and investigation flaws. Footballers from top leagues bought €1.3M in watches amid ongoing probe.

Business•5 Related•Apr 26, 2026 • 18:16

Andorra la Vella Councillor Expects Housing Grant Demand Surge After Rental Thaw

Andorra la Vella has budgeted €150,000 for housing grants this year amid fears over unfrozen rental contracts. Councillor Marc Torrent says demand will grow as families struggle with higher rents and essentials, complementing national aid.

Business•3 Related•Apr 26, 2026 • 07:02

Andbank Targets Training 600-1,000 Annually in Financial Education

Andbank's CEO Carlos Aso positions financial education as a core priority to combat widespread knowledge gaps. The bank plans to scale up from recent sessions reaching over 1,200 people, blending in-person and digital efforts for broader societal impact.

Business•3 Related•Apr 25, 2026 • 16:01

French Savers Seek Macron's Help in Andorra Insurer AGA Collapse

Hundreds of French investors, mostly retirees from Occitanie, face major losses after Andorra's AGA insurer collapsed in 2019. They hope President Macron, as co-prince, intervenes during his April visit amid claims of mismanagement and undervalued assets.

Business•4 Related•Apr 25, 2026 • 11:01

Andorra Demòcrates Propose First Property Register for Legal Certainty

Demòcrates group introduces bill for Andorra's inaugural digital Property Register to boost real estate transaction security. It will verify documents, mandate phased inscriptions, and limit public access to protect privacy while enabling checks on rights and burdens.

Business•5 Related•Apr 25, 2026 • 07:16