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Keystone 06-05-2009 10:56 AM

Annual Budget for the Spanish Royal Household
Greetings everyone!

I am doing a report for Wiki on the Spanish monarchy, and I have come to the portion on the cost of the monarchy. I have found, via the Royal Household website that the annual budget granted to the king for finacing the royal family is about 9 million, which goes towards paying senior household staff, financing events, running their offices, also it goes towards maintaining the royal family... which I take to mean also groceries, clothing, educational expenses (children).

But what I don't have is the cost altogether, In the BBC I have found that the cost for the UK Royal Family is about 40 million, thats all costs together including events, and maintaining palaces and the like.

Does anyone else have any resources they may plunder? I am chiefly looking for news articals that I may cite or some other verifyable source.

Any assistance you may offer is greatly appreciated!

dbarn67 09-15-2010 09:12 AM

Spanish Royal Palace says it expects its 1st ever budget cut because of austerity plans

AnaC 09-15-2010 10:22 AM

I posted weeks ago in a thread called Wealth and Finances a long post about this, but I don't remember if there was anything about their global cost. I've read the real and complete cost is 25 millions , but they are just estimations that can't be trusted. For example, this figure(25millions) was given in a british article dealing with Juan Carlos' wealth but they weren't accurate in other, easy to check points. For example, any palace the King uses in different areas of Spain belong to the Spanish state and this article wrote that they were actually Juan Carlos property.

LadyFinn 09-16-2010 10:12 AM

Spain's Royal family cut budget for first time in history - Telegraph

madeleine victoria 09-17-2010 09:38 PM

Well, I quite understand if they decreased the budget of the SRF next year. Spain continues to have the highest unemployment rate in Europe.

Duke of Marmalade 09-19-2010 05:49 AM

Spain's royalty forced to cut back - Europe, World News -
Europe Pushes Austerity, Even For A King And Queen : NPR

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