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Spain royal family follows public sector wage cut

http://www.bbc.co.uk

Spain's King Juan Carlos and his family are to take a pay cut following a recent bitterly contested cut to public sector wages, the royal palace says. The king will lose 20,900 euros (£16,400; $25,660) from his salary of just over 292,000 euros for the year - a cut of 7.1%. In total, the 8.3m euro royal budget will be cut by 100,000 euros in 2012. Public sector workers have been outraged by a recent announcement that Christmas bonuses are to go. The bonuses saw public sector workers paid double their usual salaries in December, and their removal equates to a cut of about 7%.

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ecigarettes's picture
Created by ecigarettes 1 year 51 weeks ago
Category: Taxes, Fees & Fines   Tags:

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