AGP Executive Report

EU Relations: Foreign Minister Constantinos Kombos met Imma Tor Faus at the UN in New York to review progress on Andorra’s EU association agreement, approved in July after years of negotiation, with the deal set to bring “progressive” access to the EU internal market, including financial services. Property Market: Andorra’s real estate market is cooling: Q2 2026 saw 473 transactions, down 11.8% year-on-year, with asking prices still high (€7,178/m²) but growth moderating and fewer property transfers. Fuel Costs: The Andorran government approved a temporary September diesel discount of 15 cents per litre to match Spain’s cut, requiring the full reduction to be passed to consumers. Data Protection & Policing: The APDA said it does not oppose bodycams for municipal traffic police, but stressed prior authorization from the Ministry of the Interior and full data-protection safeguards. Law Enforcement Cooperation: Andorra Police signed a MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. Education & Mobility: Student departures from Andorra more than doubled to 182 in 2025–2026, while 159 students joined the system after the school year began.

EU ties: Andorra’s Foreign Minister Constantinos Kombos met Imma Tor Faus at the UN in New York to review progress on the EU association agreement, including “progressive” access for financial services. Property market: A new report says Andorra’s real estate is cooling: 473 transactions in Q2 2026 (down 11.8% year-on-year) and fewer transfers, with prices showing moderation after a rapid run-up. Fuel & competitiveness: The government approved a temporary September diesel discount of 15 cents per litre to match Spain’s cut, requiring the full reduction to be passed to consumers. Education & mobility: Students leaving Andorra more than doubled to 182 in 2025–2026, while 159 joined during the year; the education minister rejected automatic links to housing costs. Law enforcement cooperation: Andorran Police signed an MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. Data protection: The APDA said it doesn’t oppose bodycams for municipal traffic police, but stressed prior Interior authorization and full legal safeguards. Travel rules ripple: Germany published airport transit visa exemptions (including for certain Andorra residents), while EU countries can pause parts of the EES rollout into 2026. Business & culture: RM Sotheby’s explored collector-car collaboration with the Automobile Club of Andorra after hosting a local gathering.

Border & Travel Rules: Germany published 2026 guidance on who is exempt from needing an airport transit visa, including holders of certain residence permits from Andorra and other listed countries. EU Border Tech: The EU let nine Schengen countries pause full Entry/Exit System (EES) rollout, citing ongoing problems with biometric checks and travel disruption. Andorra in Focus (Law Enforcement): Andorran Police signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure cross-border information sharing. Energy & Cost of Living: Andorra approved a temporary September diesel discount of 15 cents per litre to match Spain’s price cut, with the full reduction required to be passed to consumers. Education & Mobility: Student withdrawals from Andorra more than doubled to 182 in 2025–2026, while 159 students joined after the start of the school year. Business & Culture: RM Sotheby’s met Andorran collectors and discussed possible collaboration with the Automobile Club of Andorra. Sports Ownership: Lionel Messi signed to buy 100% of Spanish second-division club CD Eldense, pending Spanish sports authority approval. EU Currency: ECB figures highlight the euro’s scale in cash circulation, with Andorra among the countries using it under monetary agreements.

Fuel & Cost of Living: Andorra’s government approved a temporary 15-cent-per-litre diesel discount for September, matching Spain’s 20-cent cut and requiring the full reduction to be passed to consumers. Education & Demographics: Student departures from Andorra more than doubled to 182 in 2025–26 (from 90 the year before), with the minister saying the data don’t support an automatic link to housing or cost of living. Cross-border Policing: The Andorran Police signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure information sharing across Europe. Data Protection & Public Safety: Andorra’s APDA says it doesn’t oppose bodycams, but insists municipal traffic police use must get prior Interior Ministry authorization and meet data-protection safeguards. Travel Rules & Mobility: Germany published 2026 guidance on who is exempt from an airport transit visa, including holders of certain residence permits from Andorra. EU Border Tech: The EU allowed nine Schengen countries to pause full EES rollout for the rest of 2026 due to operational and technology issues. Business & Culture: RM Sotheby’s met Andorran collectors and discussed potential collaboration with the Automobile Club of Andorra.

Schengen Border Tech: The EU has let nine Schengen countries—including France, Germany, Italy, the Netherlands, Belgium and Switzerland—pause full rollout of the Entry/Exit System (EES) until end-2026, citing remaining tech and operational issues after queues and travel disruption. Fuel Prices & Competitiveness: Andorra’s government approved a September diesel discount boost of 15 cents per litre to match Spain’s cut, with the full amount required to be passed to consumers. Education & Mobility: Student departures from Andorra more than doubled to 182 in 2025–2026 (from 90 the year before), while 159 students joined after the start of the school year. Law Enforcement Cooperation: Andorra Police signed an MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. Data Protection Rules: Andorra’s Data Protection Agency says bodycams for municipal traffic police need prior Interior Ministry authorization and must meet all safeguards. Luxury Cars & Collectors: RM Sotheby’s met Andorran collectors at a high-end car gathering and discussed possible collaboration with the Automobile Club of Andorra. Sports Business: Messi signed to buy 100% of Spanish second-division club CD Eldense, pending Spain’s sports authority approval. EU Cash in Circulation: ECB figures highlight the euro’s scale—over 31bn banknotes and 150bn coins—while noting Andorra and other microstates use the euro under agreements.

Schengen Border Tech: The EU has let at least nine Schengen countries pause full rollout of the Entry/Exit System (EES) until end-2026, citing lingering problems with facial and fingerprint scans after months of long queues and missed flights. Automotive Collecting: RM Sotheby’s met Andorran collectors on Sept 18, showcasing high-end cars (including a Ferrari Pista) and floating possible future collaboration with the Automobile Club of Andorra. Fuel Costs: Andorra approved a September diesel discount of 15 cents per litre to match Spain’s cut, with the full amount required to be passed to consumers. Education & Mobility: Students leaving Andorra more than doubled to 182 in 2025–26, while 159 joined the system after the school year began. Public Data Rules: Andorra’s data protection authority says bodycams for municipal traffic police need prior Interior Ministry authorization and must meet data safeguards. Law Enforcement Links: Andorran Police signed a MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. EU Currency in Context: ECB figures highlight the euro’s scale in cash use, noting Andorra and other microstates use it under monetary agreements.

High-End Cars & Local Collectors: RM Sotheby’s met Andorran collectors at a Sept. 18 gathering featuring about 15 cars, many registered in Andorra, and floated possible future collaboration with the Automobile Club of Andorra around classic-car outings. Fuel Price Support: Andorra approved a September diesel discount boost of 15 cents per litre to match Spain’s cut, with the full reduction required to be passed to consumers. Education & Mobility: Student withdrawals from Andorra more than doubled to 182 in 2025–26 (from 90 the year before), while 159 students joined after the school year began. Law Enforcement Cooperation: Andorran Police signed an MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. Data Protection Rules for Bodycams: The Andorran Data Protection Agency said bodycams for municipal traffic police need prior Interior Ministry authorization and must meet data-protection safeguards. Business & Sports Ownership: Messi signed to acquire 100% of Spanish second-division club CD Eldense, pending Spain’s sports authority approval. Retail Expansion: MVC Group opened a new Iberia showroom in Barcelona’s Moda Centre and named a country manager to push cycling and outdoor sports growth.

Automotive & Collectors: RM Sotheby’s met Andorran collectors at a high-end car gathering on Sept. 18, with around 15 cars (mostly Andorra-registered) and talks on a possible future collaboration with the Automobile Club of Andorra. Public Safety & Data Protection: Andorra’s Data Protection Agency says bodycams for municipal traffic police need prior Interior Ministry authorization, and that APDA will focus on full legal safeguards during rollout. Law Enforcement Cooperation: Andorran Police signed an MoU with Europol to connect to SIENA, strengthening secure cross-border information sharing. Energy & Cost of Living: Andorra approved a September diesel discount boost of 15 cents per litre to match Spain’s cut, requiring the full reduction to be passed to consumers. Education & Mobility: Students leaving Andorra more than doubled to 182 in 2025–2026, while 159 joined the system after the school year began. Sports Business: Messi signed to acquire 100% of Spanish second-division club CD Eldense, pending Spain’s sports authority approval. Regional Watch: France’s fuel crisis continues, with record petrol/diesel prices and a growing share of stations out of stock.

Diesel Price Relief: Andorra’s government approved a temporary 15-cent-per-litre diesel discount for September to match Spain’s cut, with the full benefit required to be passed to consumers via a tax-refund mechanism. Education & Mobility: The number of students leaving Andorra more than doubled from 90 (2024–25) to 182 (2025–26), while 159 students joined the system after the start of the year—though the education minister says the data doesn’t support an automatic link to housing or living costs. Data Protection & Policing: The Andorran Data Protection Agency (APDA) says bodycams for municipal traffic police can be legitimate, but only with prior Interior Ministry authorization and full compliance with safeguards. Cross-Border Security: Andorran Police signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure information sharing with European and international partners. Fuel Pressure in Europe: France faces record petrol and near-record diesel prices, with a growing share of service stations reporting stock-outs amid depot blockades. Sports Business: Messi signed to acquire 100% of Spanish club CD Eldense, pending Spain’s sports authority approval. EU Currency Scale: The euro’s cash footprint was highlighted with 31bn banknotes and 150bn coins in circulation, with Andorra and other microstates using the euro under agreements.

Fuel & competitiveness: Andorra’s government approved a temporary September diesel discount of 15 cents per litre to match Spain’s 20-cent cut, with the full reduction required to be passed to consumers. Education & mobility: The number of students leaving Andorra more than doubled to 182 in 2025–2026 (from 90 the year before), while 159 students joined after the school year began—officials say the data don’t automatically point to housing or cost-of-living pressures. Cross-border policing: Andorran Police signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure information sharing across Europe and beyond. Data protection in practice: The Andorran Data Protection Agency says it doesn’t oppose bodycams for municipal traffic police, but stresses prior Interior Ministry authorization and full legal safeguards. International business & travel rules: Canada published the full list of countries whose citizens can apply for a work permit at a port of entry, while the US and UK continue expanding electronic entry authorisations—Andorra is listed among ESTA-eligible countries. Sports business: Messi signed to buy 100% of Spanish second-division club CD Eldense, pending Spain’s sports authority approval. Regional market signals: France’s fuel crisis continues with record petrol prices and service stations reporting shortages, adding pressure to cross-border fuel dynamics.

Data Protection & Policing: Andorra’s Data Protection Agency (APDA) says it doesn’t oppose bodycams for municipal traffic police, but insists the Ministry of the Interior must grant prior authorization and that all legal safeguards must be met before any rollout. Cross-Border Security: The Andorran Police signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure information sharing with European and international partners. Fuel Costs & Competitiveness: The Andorran government approved a temporary diesel discount increase to 15 cents per litre for September, tied to Spain’s price cut, with the full reduction required to be passed to consumers. Education & Migration Pressure: Students leaving Andorra more than doubled from 90 (2024–25) to 182 (2025–26), while 159 joined the system after the start of the school year, with the education minister rejecting automatic links to housing or cost of living. Travel Rules: The US published ESTA details, including an average 23-minute application time, and listed Andorra among eligible countries. Business & Trade: MVC Group opened a new showroom in Iberia (Sant Quirze del Vallès) to expand in cycling and outdoor sports, appointing a new country manager for MVC Iberia.

Fuel Policy: Andorra approved a temporary diesel discount of 15 cents per litre for September, tied to Spain’s 20-cent cut, with the full amount required to be passed to consumers. Education & Mobility: The number of students leaving Andorra more than doubled from 90 (2024–25) to 182 (2025–26), while total withdrawals rose to 285; the education minister said the data don’t automatically point to housing or cost-of-living pressures. Public Safety & Europe: Andorran Police signed a deal with Europol to connect to SIENA, enabling secure information sharing with European and international partners. Cross-Border Business & Sports Media: DAZN renewed its F1 broadcasting rights for Spain, Andorra and Portugal through 2030, adding coverage across F2, F3, F1 Academy and Porsche Supercup. Iberian Retail Expansion: MVC Group opened a new showroom in Sant Quirze del Vallès (Barcelona) and named a new Country Manager for MVC Iberia, aiming to grow cycling and outdoor sports presence across the region. International Travel Rules: The US confirmed ESTA eligibility and application guidance that includes Andorra among qualifying countries, with an average application time of 23 minutes. Global Finance Context: The ECB highlighted the euro’s scale—over 31 billion banknotes and 150 billion coins in circulation—while noting Andorra and other microstates use the euro under monetary agreements.

Reproductive Rights & Politics: Andorra’s government says it will decriminalize abortion by April 2027, even without a deal with the Holy See, despite the bishop of Urgell serving as co-prince—highlighting how constitutional design can turn a health policy into a high-stakes business-and-governance issue. Cross-Border Security: The Andorran Police has signed a Memorandum of Understanding with Europol to connect to SIENA, strengthening secure information sharing with European and international partners. Fuel Costs & Competitiveness: Andorra approved a temporary September diesel discount of 15 cents per litre to match Spain’s price cut, with the full reduction required to reach consumers. Education & Mobility: Students leaving Andorra more than doubled to 182 in 2025–2026, while 159 joined after the school year began—raising questions for families and local planning. Regional Energy Pressure: France’s fuel crunch is worsening, with a growing share of service stations out of stock as prices hit record levels and depot blockades disrupt supply. International Travel Rules: The US reiterated ESTA eligibility and application steps, and the UK published what ETA holders can’t do—both relevant for Andorran businesses and frequent travelers. Sports Media & Economy: DAZN renewed its F1 rights for Spain, Andorra and Portugal through 2030, extending coverage across multiple racing tiers.

Fuel & Cost of Living: Andorra approved a September diesel discount of 15 cents per litre, tied to Spain’s 20-cent cut, with the full reduction required to reach consumers. Education & Demographics: Students leaving Andorra more than doubled to 182 in 2025–2026, while 159 joined after the school year began—raising questions for families, though the education minister says the data don’t support an automatic link to housing or living costs. Cross-Border Energy Pressure: France’s fuel crunch deepened as 10–13% of service stations reported running out of at least one fuel type amid record petrol and near-record diesel prices and depot blockades. EU Money & Cash Use: The ECB says there are over 31 billion euro banknotes worth more than €1,600bn and 150bn coins in circulation, with Andorra and others using the euro under agreements. Sports Business & Media: Comcast and Paramount are reviewing strategic options for SkyShowtime, including a possible wind-down, while DAZN renewed its F1 rights for Spain, Andorra and Portugal through 2030. Labour Mobility: Germany says citizens of 12 countries, including Andorra, can get residence for work without proving qualifications, subject to employment agency approval. Andorra in the Spotlight: Andorran players picked up notable results in WSOP Online events, including Anton Silyavko finishing 8th in a €1,500 GGMasters final table.

Sanctions & Trade: US and EU sanctions targeting a China-born billionaire are forcing a shake-up in the Cuban cigar supply chain, with Germany’s exclusive importer 5th Avenue Products Trading suspending deliveries after frozen bank accounts and moving into provisional insolvency. EU Border Tech: The EU has let nine Schengen countries delay full Entry/Exit System (EES) enforcement due to rollout problems and border congestion, affecting travel planning and cross-border operations. Travel Rules for Andorra-linked mobility: The US says ESTA applications take about 23 minutes on average and lists Andorra among eligible countries; Germany also published a list of 12 nationalities (including Andorra) that can work without proving qualifications, subject to agency approval. Sports Media & Business: DAZN renewed its F1 rights for Spain, Andorra and Portugal through 2030, expanding coverage to F2, F3, F1 Academy and Porsche Supercup. Local Economy & Policy: Andorra’s PM says abortion decriminalisation is planned for April next year, even as talks with the Vatican continue. Education & Skills: TECH Global University touts Forbes recognition as “best online university,” highlighting its Relearning methodology and reported quality scores. Euro Cash Scale: The ECB’s digital euro executive notes euro cash in circulation: 31bn banknotes and 150bn coins, with euro use spanning 21 euro countries plus Andorra, Monaco, San Marino and Vatican City under agreements.

Sanctions & Trade Disruption: US/EU sanctions tied to a China-born billionaire are dismantling the Cuban cigar distribution network, with Germany’s exclusive importer 5th Avenue Products suspending deliveries after frozen bank accounts and moving into provisional insolvency. Streaming Business: Comcast and Paramount are reviewing strategic options for SkyShowtime in Europe, including a possible wind-down, while stressing service continues as normal and any staff impacts would follow consultation rules. Euro Cash in Focus: The ECB’s digital euro executive highlights the euro’s scale: 31bn banknotes worth €1,600bn and 150bn coins in circulation, with Andorra, Monaco, San Marino and Vatican City using the euro under agreements. Border Tech Rollout: The EU has let nine Schengen countries delay full Entry/Exit System (EES) checks due to operational problems and travel queues. Andorra Economy/Work: Germany says citizens of Andorra can work under special rules without proof of qualification, pending employment agency approval. Sports Media in Andorra: DAZN renewed F1 rights for Spain, Andorra and Portugal through 2030. Travel Rules for Andorrans: US ESTA guidance lists Andorra among eligible countries, with an average application time of 23 minutes.