Friday, July 20, 2012

Dutch royal family costs taxpayer £31 million a year...

The Dutch royal family has overtaken the British monarchy to become most expensive in Western Europe at a cost of £31 million a year to the country's taxpayers, an international study has found.

In his sixth report on the costs of European heads of state, Herman Matthijs, professor of administrative science and public finances at Ghent University, notes the Royal Family had cut spending .

Queen Elizabeth II's cost to the taxpayer has fallen as result of austerity measures which have been deeper and faster than reductions to the Dutch monarchy's annual bill at a time when belt-tightening is affecting all of Europe's royal families.

Prof Matthijs's research found that the cost of British monarchy, praised as one of the most open about its finances, had been reduced by 16 per cent, falling from £35.5 million to £29.7m over the last year. Full story...

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