Economy

King Carlo and other sovereigns, even for them it’s time for spending review

The train of King Carlo retires and the accounts of the European royal families end up examining: between scandals, cuts and record expenses, the sovereigns must deal with modernity (and the budgets).

The private train of the royal family of England will retire by 2027. No more travels on board his historical cabins a little démodé but so chic, no greetings blessing from the windows adorned by the heavy brocade curtains, together with daughter -in -law, children and grandchildren as he liked the queen so much.
Too onerous for these times of crisis, they must have said to King Charles IIIwho thus decided to put it definitively at rest. One of the many moves of the British monarchy who must modernize its image to survive, but above all to reduce the costs of a management considered by many too expensive.

Costs out of control for the Royal Family
The private convoy that scarrozzato the Royal Family since 1840 had become too expensive both to be maintained and to be set up. Just to give an example, a two -day trip to February, from Gloucestershire to Staffordshire, had cost 44 thousand pounds. Too much, even for one of the most loved dynasties in the world, lately ended up in the eye of the cyclone due to the huge renovation costs of the various homes, which in the last ten years have made the state funds tripled its maintenance triple.
Only the renovation of Buckingham Palace cost total 369 million pounds, while the travel expenses of the crown heads reached 4.7 million. For the last trip to Samoa of the reigning couple, British taxpayers paid 400 thousand pounds and surely many of them will have wondered if they could not do without it.

King Carlo between the environment and accounts to be reduced
The eldest son of Elisabetta, however known for its rather marked environmental sensitivity even when this trend was not in fashion, took the opportunity to carry out the modernization of the family transport that increasingly use biocarbuds, such as one of the Bentley of the conspicuous car park. It is very likely that in the future, Carlo and family begin to move with electric vehicles, contributing to the reduction of transport costs.
However, a step that is not enough to silence the muggni towards the representative costs always in red. The real accounts, just widespread, for the two-year period 2024-2025, which describe the treasures of the treasure intended for the “company”, show that the contribution has remained unchanged, to 86 million pounds for the fourth consecutive year, but by 2027 the loans should reach 132 million.

Less transparency from William, and the Duchy collects
Delicate button, especially for a family in which not all members follow the rules of transparency increased in recent years by Carlo, since he was still prince of Wales.
His son William, who inherited the role, has failed to make the expenses and taxes paid public in the annual report, not particularly popular move these times, especially if we think that the properties present in the Duchy of Cornwall and Lancaster have ensured rental agreements for millions of pounds with the armed forces, the public health service and schools, as revealed by a journalistic investigation carried out by the television issuer Channel 4 and the Sunday Times.

Sweden risks real bankruptcy
If the expenses of the British royalty arouse controversy, other blue blood dynasties such as the Swedish one, lately at bankruptcy risk, pass it much worse.
King Carlo Gustavo presented his three -year budget to the government, warning that the annual prerogative of 14.6 million euros will not be sufficient to cover the disbursements and commitments connected to the duties of representation.
According to what was declared by the financial director of the royal house, Jan Lindman, the accounts allegedly veered to red following the latest state visits of the representatives of Denmark, Finland and France.
The management of the royal palaces and gardens is also too onerous, but what most worries are the celebrations for the family anniversaries scheduled in 2026, like the eighty years of the same monarch, to be celebrated simultaneously with his golden wedding with Queen Silvia.
And at the moment the celebrations of the fifty years of the hereditary princess Victoria are also at risk. They should take place in 2027, but for now the financing latitan and it is not clear whether the government will be willing to grant further support.

Belgium: Prince Laurent and the check denied
Certainly the Belgian government will not do it, towards Prince Laurent, the younger brother of King Filippo.
Despite having received 388 thousand euros of funds from the state in the face of representative positions, the man would have had the daring to ask for social security for himself and the family, requested promptly rejected by the Belgian court, who however admitted that the prince would have the right to a pension that perhaps will be granted in the future through the amendment of the current law.

Monaco: the secret accounts of the Grimaldi
The prerogative of the Belgian Prince and his expense notes are still unsuruitable if compared with those of the Grimaldi family of the Principality of Monaco.
Alberto II ended up in trouble after fire, in 2023, without too many explanations, his financial administrator Claude Palmero, who had held the accounts of the royal family for decades.
He sold himself to the media the accounting flaws of the son of the unforgettable Grace Kelly. In the sight, even more than him, his wife Charlène, according to him, to have a dilapidated 300 thousand euros only for garments of clothing and accessories.
Based on the notes made public by the former administrator, Charlène would have spent 15 million euros in the last eight years.
The diatribe between Palmero and Alberto ended up in court, with the former accountant who continues to skid the millionaire expenses of the whole family, and with the latter who denies strokes of stamped cards, but it goes without saying that the story certainly does not contribute to the image of the Monegasque family.

Spain: a virtuous monarchy
In the face of too much spending real dynasties, the virtuous exception of the Spanish family of King Filippo VI stands out, which from his proclamation has always pursued a moderate management of public resources intended for him and family members.
The budget set for the tax year of 2025 provides for a 3 percent increase compared to the previous year, to be distributed among the members of the institution, but the daughters of the royal couple, Sofia and Leonor, will not receive even a euro, until the end of their academic studies, although they have already started exercising some representative tasks.
And Prime Minister Sánchez, he greatly thanks …