Spain’s Royal Budget Cut to 7.93 Million Euros
January 22nd, 2013
The Casa del Rey released figures yesterday to explain the distribution of the 7.93 million euros to be received by the institution from the State Budget, which is 4% less than 2012 and equates to a saving of 330,570 euros. With cuts undertaken in recent years, the Royal budget for 2013 is lower than 2006, which was the first year that it exceeded 8 million euros.
However, in relative terms, the amount destined for the Royal Family has been cut most, by 7.29%, to 699,128 euros. The gross salary of Spain’s King Juan Carlos is to remain at 292,752 euros, and that of the Prince of Asturias at 146,376 euros, while, for 2013, the amount budgeted for payment of the remaining members of the Royal Family has been cut by 55,000 euros.
Among the most important measures are the reductions of 96,000 euros in ceremonial and representation expenses, and 80,000 euros in incentive and bonus payments for staff of the Royal House and other public bodies who provide their services there.
The Royal House has also reduced its fleet of vehicles by 37.5 percent, from 72 to 45.
These actions are part of the budget austerity measures promoted by King Juan Carlos, who, according to sources from the Royal House, gave orders to minimise all costs, both their own and those funded by other State agencies.