In contrast to King Juan Carlos of Spain, Queen Beatrix on Wednesday announced that she saw “no reason” to reduce the £647,000 annual allowance she receives for carrying out her duties, a salary over the three times the size of that pocketed by the Spanish monarch.
King Juan Carlos announced on Wednesday that he had cut his own salary, as well as that of his son and heir Prince Felipe, by about 7 per cent
The research by Prof Matthijs is based on comparisons of civil lists and parliamentary reports on national accounts and do not include the cost of security for European royals, or compare their incomes from private wealth.
But Europe’s most expensive head of state is not a King or a Queen but the president of a republic.
The study found that the most expensive head of state is Francois Hollande, the president of the French Republic, with the annual cost of the Elysée Palace running to £87.2 million – almost three times the bill for the Dutch royals.
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