Cross-border Transport Plan: Catalonia has launched a €867,000 tender for a feasibility study of a new 20km tram corridor linking La Seu d’Urgell and Andorra, with an estimated €250m total investment and a one-year study timeline covering technical, operational and economic viability plus possible cycling links and a branch toward Andorra–La Seu d’Urgell Airport. EU Payments Integration: EU Economy Commissioner Valdis Dombrovskis says Turkey has expressed interest in joining the Single Euro Payments Area (SEPA), which already includes euro use across EU states, EFTA members and microstates including Andorra. Tax & Wealth Planning (Spain/Balearics): Black Privé reports Mallorca reforms under Law 6/2025 set spousal inheritance tax at 0% and can cut wealth tax to zero for certain joint ownership structures, though cross-border UK exposure remains a key constraint. Carbon Pricing Watch: A new Europe-wide snapshot shows carbon tax rates vary sharply, with Andorra listed among countries that, in principle, cover a large share of emissions—though exemptions can still weaken collection. Tourism & Mobility Rules: The EU’s Entry/Exit System (EES) is now active at external Schengen borders and applies to many non-EU short-stay travellers, while Andorrans are exempt. Business Expansion (Damm): Spanish brewer Damm says it crossed €2bn revenue in 2025 and is targeting a doubling by 2030, driven by international expansion and manufacturing investments, including production and distribution arrangements that cover Andorra. Local Finance Spotlight (Poker): Andorra’s Jose Vallas took a six-figure finish (€180,160) at the PokerStars Open Malaga Main Event, underscoring the Principality’s growing presence in international events.