royal house announcement about King Felipe: it's now confirmed and there is plenty of evidence

The Royal Household has surprised everyone in recent hours with an official announcement that hasn't left anyone indifferent. A direct statement from the institution fully affects King Felipe and puts on the table a reality that few expected. Yes, there is evidence and figures that confirm Zarzuela's financial situation is going through a delicate moment.

As happens every year, the institution's accounting has been released. This time, the data revealed have made history for a specific reason: the Royal Household has recorded losses amounting to €99,591 ($99,591) in 2024. This is something that hadn't happened since the transparency law was established in 2015.

Royal household publishes King Felipe's accounts and confirms losses

Since his proclamation in 2014, King Felipe has defended a modern and transparent monarchy. That's why, every year, the Royal Household officially publishes their accounts, allowing citizens to know how the allocated public funds are managed. This time, the revelation hasn't been routine.

The data show a negative balance that has caused a strong media impact. The losses are exactly €99,591 ($99,591), an unprecedented event in the monarch's nearly ten-year reign. Never before, since the transparency law was adopted, had a similar situation been reflected.

This deficit has been attributed, among other causes, to the extension of the General State Budgets, which has affected the Crown's finances. To mitigate the impact, King Felipe has had to authorize the use of €950,153 ($950,153) from the Remaining Funds. To carry out certain actions such as, for example, the modernization of the institution's operations, these funds have now been incorporated into the overall budget.

Drastic measures and salary freeze at the royal household

The Royal Household's announcement hasn't only confirmed the losses, but has also revealed the decisions King Felipe has made to face this new reality. Among them, the salary freeze for members of the royal family stands out. This is a symbolic but also necessary measure, given the circumstances.

According to the statement, the monarch keeps his annual salary at €277,361 ($277,361), Queen Letizia at €152,539 ($152,539), and Queen Sofía at €124,814 ($124,814). For now, there are no increases or upward revisions.

With these actions, the father of Princess Leonor reaffirms his intention to keep responsible management. Because, although the figures may seem modest compared to other public bodies, the Royal Household is under constant citizen scrutiny.

The fact that these losses have been communicated openly is, in itself, a milestone. The impact hasn't been hidden or minimized. On the contrary: the situation has been detailed with data, decisions, and future forecasts, which reinforces the image of a head of state committed to clear and ethical management.

This revelation hasn't been improvised, as it has been accompanied by public documents, economic reports, and comparisons with previous years. All with a clear objective: to leave no doubt that there is evidence. Evidence that shows the Royal Household is being transparent even when the data aren't favorable.