Wednesday, August 5, 2015

Philip VI receives more money in his second year as king of Spain – Vanguardia.com.mx

Madrid, España.- Felipe VI will have more money in his second year as king of Spain: the government of Mariano Rajoy has increased by 1 percent allocation to the royal house in the general state budget, which were presented today in Madrid.

The king will have 7.86 million euros for the support of the royal family emeritus -the King Juan Carlos and Queen Sofia, Queen Letizia and her two daughters and functioning of the House of King.

1 percent increase corresponds to the increase that the government of Rajoy has been applied to all public employees and is the first in six years for the Spanish royal house.

After arrival in the country of the economic crisis and austerity policies, the budget of the Spanish royal family, which led King Juan Carlos, then in 2010 was frozen for two years at 8.9 million euros. In the four years since he suffered cuts, to reach 7.78 million.

The Spanish constitution states that the king as head of state, has an annual budget of “a lump sum for maintenance of his family and his house, and distributes it freely. “

This budget does not include all the expenses of the royal family, because some of them are in charge of various ministries.

After his proclamation as king in June 2014 after the abdication of his father, Philip VI decided to maintain until the end of that year salary that King Juan Carlos had been awarded as heir to the throne and amounted to 146.376 per year.

This year was awarded a salary of 234.204 euros, about 50,000 less than he earned his father as head of state.

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