Aug 21, 2014 02:30 PM EDT
The Dutch government paid 461,000 euros ($615,000) to erect a fence around King Willem-Alexander's seaside villa in southern Greece, RTL News reported on Wednesday, drawing media criticism and demands for an explanation.
The Dutch monarchy remains popular one year after Willem-Alexander ascended the throne after the abdication of his mother Queen Beatrix, but critics say it costs too much, especially at a time when the country is struggling to emerge from recession.
The RTL broadcaster published documents showing a neighbor had received 461,000 euros for allowing the Dutch the right to erect a fence on two strips of land bordering the property. The strips of land had a market value of only about 35,000 euros.
Dutch media jumped on the report, with popular web portals questioning the use of taxpayers' money. "Dutch state ripped off," read one headline. "Dutch state forks out half a million for fence", said another.
On Wednesday, opposition MP Alexander Pechtold said he would seek clarification about the need to spend so much on a fence.
It is the second time this summer that spending by the Dutch royals has made the headlines. In June, questions were raised in parliament about a 900,000 euro renovation at one of the family palaces.
The House of Oranje, or Orange, was Europe's most expensive monarchy last year, costing 39.9 million euros.
It declined to confirm the financial details of the fence.
"The Dutch state will have the right to enact any kind of security measures that the state thinks necessary, including the planting of trees, the building of walls and the placing of any other kind of security construction," according to the contract published by RTL.
Willem-Alexander bought the holiday retreat in 2012, the year before he ascended the throne as the Netherlands' first male head of state in more than a century.
(Reporting by Thomas Escritt. Editing by Anthony Deutsch and Gareth Jones)
When Nick Collins was just 14 years old, he started his first business, which included around-the-clock phone calls and numerous questions from his parents. In fact, he began building his stout portfolio in the seventh grade by doing web design, incorporating creative content with brand strategies and plugging in a then-fledgling tech Flash.
Barry Gabster is the founder of InitiateU and is a leading proponent of the marketing mailer revolution, having already taken his company to 10x growth in 2021, alone. In fact, the exponential growth has seen the company rise from $800K-$8.5M just on word-of-mouth referrals.
If you think that the micro accounts are useful only for beginners who may not be able to cope with the fast dynamics of changing quotes on trading platforms, then this is not so. Professionalism grows out of these cent accounts.
Journalists love their jobs because they get to interact with people from all sorts of backgrounds and expertises, then turn around and share their knowledge with the world.
Rustam Gilfanov is a famous IT businessman, a founder of a large IT company, and a partner of the LongeVC Fund.
Bitcoin and cryptocurrency in general guarantee some amazing profits if invested correctly.
In the currency trading business, many individuals make mistakes. Since most individuals join this profession with too much excitement, they forget about efficient strategies. Instead of controlling their investment and execution process, most individuals make poor choices for trading.
In today's digital world, more and more people are investing in cryptocurrencies. These digital tokens have exploded into popularity over the past few years, and have grown to the point that there are now nearly over 6,000 of them, according to Statista.