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Spain royal family wage cut 7,1%

BBC Online

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%.
Police and firefighters are among those who have taken to the streets in recent days to denounce the cuts — the latest austerity measures imposed by the government amid a steep economic downturn.
The reputation of the once-revered king was damaged in April when it emerged he had been on a lavish hunting trip to Botswana at a time when one in four Spaniards is unemployed.
His son and heir, Prince Felipe, will lose about 10 450 euros from his salary — also about 7,1% — putting him on an annual wage of about 131 000 euros, said palace sources.
But the gesture has received a mixed reception on websites and social media.

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