Tuesday, December 21, 2010

The Cost of Running a Monarchy...

First ever report outlining public expenses of running the palace

Last year, Queen Margrethe and the other members of the royal family cost the state 342.2 million kroner, according to a report released today looking at how much it costs the state to have a monarchy.

The report is the first of its kind in Denmark. In Europe, only the UK and the Netherlands have published similar figures.

According to the report, the state contributed 97.6 million to support the royal family, while the various ministries chipped in 244.6 million kroner.

And that’s not one krone too much, according to PM Lars Løkke Rasmussen.

“The royal family unites the Danish people as a nation. They form a straight line through our history, and that makes Denmark what it is.”

Asked whether a republic would be less expensive, Rasmussen was doubtful.

“Republics are very expensive to run too, and a president would probably have more expensive habits than a royal family.

The complete report, in Danish only, is available for download on the prime minister’s website,

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