Book Authored (ISBN-10: 0824821599)

Book Authored (ISBN-10: 0824821599)
Sovereign Rights and Territorial Space in Sino-Japanese Relations: Irredentism and the Diaoyu/Senkaku Islands (ISBN-10: 0824824938)

Saturday, March 17, 2012

The Royal Pockets in the European Countries Have Been Hit

The financial crisis has attacked not only normal citizens but also royal families in the European countries (Japan Times, 11 January 2012). In the U.K., British taxpayers in 2011 have spent 5.5 percent (32.2 million British dollar or $49.5 million) less than in the previous year for Buckingham Palace. In Spain, the royal palace had 8.4 million ($11 million) euro in 2011, cutting some 5 percent overall including palace employees. The king received up to a 15 percent salaries cut. In Netherlands, the budget for Queen Beatrix, Crown Prince Willem Alexander and his wife, Princess Maxima, was cut by 422,000 ($537,000) euro in 2011. The royal family in Belgium has become the latest royal family to be cut. King Albert II announced that he wanted to freeze the 10.8 million ($13.8 million) euro on 9 January 2011. Where is the Japanese? Year 2011 is difficult year for Japan too because triples disasters: earthquake, tsunami, and ongoing nuclear radiation, have made Japan in financial crisis.

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