Belgium’s Former King Wants a Raise

$1.25M isn't enough for him

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The former king of Belgium says his yearly state allowance of more than $1 million just isn’t cutting it.

Albert II, who abdicated in July in favor of his son, pulls in 923,000 Euros ($1.25 million), down from the 11.5 million Euro tax-free allowance he was granted as king, according to local media reports. The government still pays for a team of 11 aides — but not for his official residence or luxury yacht.

Amid some opposition, the government is considering options to cover some of the expenses for the 79-year-old ex-monarch, who’s son is King Philippe.