Friday, September 29, 2023

Why the leak of Princess Cristina’s divorce agreement is causing so much talk in Spain | Monarchies

Why the leak of Princess Cristina’s divorce agreement is causing so much talk in Spain | Monarchies Clamor in Spain. Details of the divorce agreement between Princess Cristina and her ex-husband Iñaki Urdangarin have been leaked. This highly controversial separation, which has embarrassed the Spanish royal family for years, appears to have reached its final phase. Today, it is above all the terms of the agreement that aroused the anger of the Spanish.

The leaked details suggest that Iñaki Urdangarin will be able to live a life of luxury thanks to an economic agreement. The former Duke of Palma would receive a one-off payment of two million euros, as well as a monthly “pension” of 25,000 euros. Although this amount has already been the subject of numerous discussions, according to the Spanish press, it was not the main point of contention between the former couple.

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The former spouses mainly argued about the division of their various properties. Iñaki Urdangarin wanted to keep the house located in Bidart, France, and his chalet in the Spanish ski resort of Baqueira Beret. A choice that Cristina strongly opposed. After a long conflict, the princess finally agreed to let her ex-husband keep her French villa.

Cristina de Bourbon and son (ex-)mari Iñaki Urdangarin. © AFP

“Golden parachute”

After years of public speculation and controversy, the story of Princess Cristina and Iñaki Urdangarin therefore seems definitively closed. However, the leak of their deal raises new questions about the royal family’s transparency and finances. The princess’s now ex-husband appears to have received a “golden parachute” after embarrassing the royal family on several occasions.

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Their marriage collapsed early last year after photos emerged of Iñaki Urdangarin walking hand in hand with an unknown woman in the south of France. Shortly afterward, it was learned that he was also having an affair with an employee at the office where he worked.

The Spanish press also wonders why Iñaki received so much money when his personal fortune is estimated at more than 9.2 million euros. He has also been on parole since June 2021, after serving a prison sentence for large-scale fraud. According to the court, he embezzled no less than six million euros of public funds.

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