Spain's scandal-hit royal palace cuts spending
Published on Feb 4, 2014 6:59 AM
MADRID (AFP) - Spain's king has had his salary frozen for a third year, the scandal-hit palace said on Monday, publishing its slimmed-down budget for 2014 after promising greater transparency about how it spends taxpayers' money.
The royal palace's budget was cut by two percent to 7.78 million euros (US$13.4 milion) under the state spending plan approved last year.
On Monday it published online a breakdown of how that money is spent, part of its efforts to appear more transparent as it suffers from a fraud scandal embroiling the king's youngest daughter.
The palace budget includes King Juan Carlos's salary, which is frozen for the third year running, like those of all top public servants under Spain's crisis cost-cutting measures.
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