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The Royal Household announced this week that the King and the Prince of Asturias annual remunerations will be reduced by one-fourteenth. This action is in line with the royal decree published in the Official State Bulletin last Saturday concerning wage reductions for public servants. Likewise, the money destined to cover the representation expenses of Her Majesty, the Princess of Asturias and the Infantas Elena and Cristina will also be reduced by 7.1%

The senior staff of the Royal Household will also see their salary reduced by one-fourteenth (the equivalent of the December bonus).

The monarch also announced a 100,000-euro reduction to the Royal Household’s annual budget, following the 170,000-euro cut laid out in the state budget.

The sum resulting from the application of the reductions will be reimbursed to the Treasury.

Read more at the site of the Royal Household of His Majesty the King.

Photo via IPApress