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During this period, Andorra also developed as a tax haven, resulting in the construction of modern banking offices in Andorra La Vella.
The city also developed its skiing facilities, to the extent that Andorra la Vella was Andorra's applicant city for the XXI Olympic Winter Games, the 2010 Winter Olympics.
However, Andorra la Vella was not selected by the IOC as a candidate city, following the evaluation report of an IOC commission.
It also hosted both the 1991 and 2005 Games of the Small States of Europe.

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