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Spanish Royal Household savings due to lockdown and King Juan Carlos

By John Smith • Published: 28 May 2021 • 12:21

The King and Queen have made considerable savings

The King and Queen have made considerable savings Credit: Casa del Rey Twitter

THANKS to the pandemic, the Spanish Royal Household didn’t spend €595,308 from its €8.5 million budget last year.

This information was reported by the Palace on May 27 as was explained by a reduction in the number of journeys made by the King and Queen both internally and internationally due to the lockdown in Spain and most other countries.

In addition, the annual payment to King Juan Carlos of €200,000 has been suspended by King Felipe VI due to his alleged hidden business dealings and Juan Carlos received just €42,000 to cover the first three months of the year, prior to the decision to suspend payment thereafter.

According to the report, Felipe VI received €253,843, Queen Letizia €139,605 and his mother Queen Sofia €114,231.

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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