THE salary of Spain’s President, Pedro Sanchez, is SEVEN times more than the average Spanish citizen, and not only that, he’s getting a pay rise!
As Euro Weekly News understands, Pedro Sánchez will be paid 84,845 euros per year, 2.25% more than in 2019 due to the increase in salaries for civil servants in 2020.
The increase, put forward by the new coalition government, was established in the royal decree law published yesterday, Wednesday, in the Official State Bulletin (BOE) which approves the increase of at least 2% of the remuneration of 2.5 million public employees for the year 2020.
Then to top it off, the new coalition government has FOUR Vice Presidents, all of whom will pocket 79,746.24 euros per year.
For their part, the up to 18 ministers who make up the first coalition government of democracy in Spain will see their salaries rise to 74,858.16 euros per year.
For these senior positions, the amounts established are divided into twelve monthly payments.
Whilst the “minimum” wage in Spain remains frozen at 900 €.
Spain is not the only country where yearly earnings of heads of states far exceed the pay of the average citizen in their countries.
According to USA Today, generally, these countries tend to be among the wealthiest and most productive countries in the world and the leaders’ annual salaries are well above the country’s GDP per capita or average wages.
Édouard Philippe, the Prime Minister of France, earns five times as much as France’s GDP per capita, bringing home an annual salary (in USD): $220,505
Angela Merkel, Chancellor of Germany, who’s pay of $369,727 eclipses the average German worker’s income of $46,389.
Donald Trump, President of the United States, wins, with an annual salary (in USD): $400,000, some seven times the average U.S. per capita GDP. Reportedly however, Trump does not actually take any of this money home, as he made good on a promise to donate his entire salary.