We check the facts.
Our verification desk for Andorra. Our investigations include sources, context and explicit limitations.
External headlines retain their original language.
The central scenario projects a zero balance in 2041. That is a conditional projection, not a certainty.
The figure describes apartments available on one portal in Q4 2024, not every tenancy in the country.
TRUE. The original report contains the finding; AREB attributes it to BPA accounts formally in its name. The Tribunal maintains its observation.
TRUE. Primary sources establish legal recruitment and inspector appointments, not the filling of every subsequent vacancy.
Yes. It links private incentives to affordable rental obligations lasting at least fifteen years.
MISLEADING. The official presentation dated 16/09/2026 sets thresholds from 30% to 40%, eligibility requirements and a cap.
MISLEADING. The spread falls, but the announced coupon rises from 1.25% in 2022 to 3.87% in 2026.
Announced demand was €1.292 billion; the amount issued was €500 million in nominal terms.
It is a framework for future issues, not proof that the full amount has been issued or received.
The EUREP ceiling exists. It does not establish a transfer, a reserve or unconditional access to €50 billion.