A KING’s SALARY: Spain’s Royal Family Publish Salaries For The First Time

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A KING’s SALARY: Spain’s Royal Family Publish Salaries For The First Time
by Darius Kadivar
29-Dec-2011
 


The Spanish Royal Family has been hit in recentweeks by a fraud scandal allegedly involving the king’s son-in-law, Iñaki Urdangarin, married to Infanta Cristina. For that reason and for the first time since 1979 King Juan Carlos has decided to publish how it spends the public money that it receives every year. Figures were published on theroyals' website.

The transparency exercise of the Royal Family comes as the husband of Infanta Cristina is under investigation for fraud. Spain is being hit by a deep economic crisis and the government has urged its citizens to accept hard austerity measures. King Juan Carlos is paid 292,752 euros ($382,600) annually by the state, the royal accounts reveal. The king pays 40% tax on his income. He gets 140,519 euros as salary and the rest is for expenses. (More Here)

Spanish royals reveal their salaries:

Spain's royal family have published their finances for the first time. (bbc)

King Juan Carlos is paid 292,752 euros (£243,560) annually by the state, the royal accounts reveal. The king pays 40% tax on his income. He gets 140,519 euros as salary and the rest is for expenses. Crown Prince Felipe gets 146,376 euros. Queen Sofia and the three princesses get 375,000 euros between them. The total budget for the royal family was 8.4m euros in 2011. The Spanish royal house hold has a staff of about 500, and just over 4m euros out of the 8.4m total was spent on them. The Spanish news website ABC said the family did not disclose how much was spent on clothes, hair styling or other personal items. The release of royal budget figures on Wednesday was in the spirit of transparency and modern times, the palace said.

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THE DUKE CONTROVERSY

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Spain's King Juan Carlos suspends son-in-law from official events:

Madrid, 13 Dec (EFE).- The son-in-law of Spain's King Juan Carlos, Iñaki Urdangarin, has been relieved of taking part inthe royal family's official duties, according to the Zarazuela Palace chief of staff, Rafael Spottorno, because of an open investigation into the Duke of Palma's businesses and an alleged case of misuse of public funds.


Duke summoned to testify in Spain corruption case (Euronews):

Iñaki Urdangarin, son-in-law to the King of Spain, has been summoned to appear before a court on the Spanish island of Majorca in a corruption case.

Spanish duke Inaki Urdangarin to appear before judge (bbc)

The son-in-law of Spain's King Juan Carlos has been summoned to appear before a judge over allegations of corruption. A court in Palma, Majorca, has summoned the Duke of Palma, Inaki Urdangarin, to appear on 6 February.
The duke, married to Princess Cristina, is being investigated over claims he misused public funds given to a foundation he ran. The former Olympic handball player has denied any wrong doing. In the wake of the accusations, the Spanish royal family on Wednesday made its accounts publicly available.


'Regrets'


Exact details ofthe accusations against the duke have not been made public. However, Spanish media have said he is accused of misdirecting part of some 6m euros (£5m: $8m) sent to his not-for-profit Noos Institute by regional governments to organise sporting events. It is alleged that some of the money ended up in companies that he ran. The events in question happened in 2004 to 2006 and the duke stepped down as head of the institute in 2006.

While denying any wrongdoing, the 43-year-old duke has said he regrets the "damage" caused. Earlier this month, a spokesman for the duke said he had agreed with the palace not to take part in official duties while investigations continued.

The Spanish royal family responded to the allegations against the duke by announcing it would make available a full breakdown of its annual budget. The palace said that the release of royal budget figures on Wednesday was in the spirit of transparency and modern times.

Related Pictory:

pictory: Shah's Fortune demanded back by Iran's Revolutionary Government (1979)

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WHAT DID THE DUKE DO ? Spanish king's son-in-law dropped from official duties

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ROYAL FORUM: The Pain in the Reign in Spain

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HISTORY FORUM: Franco's Ghost- Spain's Painful Road Towards National Reconciliation 

Viva España, Viva El Rey !!

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ROYAL CURTSY: Iran's Royal Family At Spain's Crown Prince's Wedding (2004) 

ROYAL CURTSY: Iran's Royal Family At Spain's Crown Prince's Wedding (2004)

pictory: Spanish Royals at Golestan Palace (1975)  

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ROYALTY: Spain Greets Iran's Prince Gholam Reza and spouse Manjineh (1978)

 

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hirre

...

by hirre on

It's about the right amount I would guess... Spain gets ~8 M€, Sweden about 12 M€. Usually half is spent on keeping the staff running and the castles/buildings etc operational. Except for this the money (people's tax money) given to the royalties are invested by themselves in stocks, companies etc, so their total fortune is a lot bigger...

The problem is that it seems more shocking in spain because of the economic crises there, which I could understand. It's hard to motivate any money to basically freeloaders when you have an unemployment rate of ~20%...


maziar 58

wooah

by maziar 58 on

now picture IF

Asking in Iran the same Q?

EEH BE TU CHE MARBOOTEH?

BTW I've been working with this persian guy for almost 20 yrs and....

he never takes in ANY salary (CLAIMS)  BUT the house is over

 $ milion and the 3 mercedeces are always there and changed every other year !!

Maziar


Red Wine

...

by Red Wine on

واقعا کارِ جالبی‌ ایشان کرد،هیچ کس و هیچ گروهی از ایشان این دادخواهی را نکرد و شاه خوان کارلوس خودش این آمار را انتشار داد.تبریک به مردمِ اسپانیا.

ممنون داریوش جان.