Berliner Boersenzeitung - Belgian prince seeks social security on top of allowance

EUR -
AED 4.172469
AFN 81.226466
ALL 100.310777
AMD 444.244667
ANG 2.03356
AOA 1042.821867
ARS 1220.13733
AUD 1.807145
AWG 2.044748
AZN 1.935661
BAM 1.960237
BBD 2.294213
BDT 138.054564
BGN 1.961833
BHD 0.427901
BIF 3323.851373
BMD 1.135971
BND 1.500396
BOB 7.851771
BRL 6.659522
BSD 1.136282
BTN 97.823546
BWP 15.847869
BYN 3.718549
BYR 22265.033118
BZD 2.282366
CAD 1.575649
CDF 3265.353315
CHF 0.926503
CLF 0.02877
CLP 1104.02802
CNY 8.283619
CNH 8.27647
COP 4864.114557
CRC 583.02471
CUC 1.135971
CUP 30.103234
CVE 111.723203
CZK 25.124845
DJF 201.885227
DKK 7.469696
DOP 70.093827
DZD 149.433422
EGP 58.259952
ERN 17.039566
ETB 147.907835
FJD 2.588924
FKP 0.877892
GBP 0.868347
GEL 3.135724
GGP 0.877892
GHS 17.612667
GIP 0.877892
GMD 81.97757
GNF 9843.413373
GTQ 8.764715
GYD 237.731535
HKD 8.807798
HNL 29.390533
HRK 7.53899
HTG 149.179304
HUF 414.088552
IDR 19109.585272
ILS 4.201662
IMP 0.877892
INR 98.038602
IQD 1485.451499
IRR 47798.30669
ISK 147.251747
JEP 0.877892
JMD 179.590494
JOD 0.805448
JPY 162.999927
KES 147.160836
KGS 98.898799
KHR 4548.356066
KMF 499.314282
KPW 1022.440932
KRW 1648.225426
KWD 0.348815
KYD 0.941553
KZT 586.195075
LAK 24617.850658
LBP 102082.322949
LKR 337.409727
LRD 227.259252
LSL 22.186263
LTL 3.354228
LVL 0.687138
LYD 6.294087
MAD 10.683391
MDL 20.156928
MGA 5200.797548
MKD 63.597766
MMK 2385.165785
MNT 3990.8206
MOP 9.079058
MRU 45.060918
MUR 51.300752
MVR 17.547018
MWK 1971.304559
MXN 23.079983
MYR 5.077285
MZN 72.556916
NAD 22.186263
NGN 1817.358117
NIO 41.816399
NOK 12.110548
NPR 156.935292
NZD 1.95045
OMR 0.437333
PAB 1.135971
PEN 4.235062
PGK 4.652358
PHP 65.146942
PKR 318.897173
PLN 4.333147
PYG 9105.931016
QAR 4.135359
RON 5.052464
RSD 118.877306
RUB 95.882169
RWF 1609.569838
SAR 4.260315
SBD 9.65559
SCR 16.416149
SDG 681.936428
SEK 11.095337
SGD 1.512044
SHP 0.892695
SLE 25.877842
SLL 23820.746739
SOS 647.75997
SRD 41.645037
STD 23512.307787
SVC 9.940167
SYP 14770.008163
SZL 22.186263
THB 38.478429
TJS 12.348911
TMT 3.974862
TND 3.444377
TOP 2.736183
TRY 43.249673
TTD 7.719493
TWD 37.26551
TZS 3032.703706
UAH 46.978735
UGX 4186.088837
USD 1.135971
UYU 49.285695
UZS 14733.852796
VES 84.749525
VND 29279.215196
VUV 142.891608
WST 3.235249
XAF 665.752377
XAG 0.035233
XAU 0.000351
XCD 3.074402
XDR 0.849168
XOF 665.752377
XPF 119.331742
YER 278.736868
ZAR 21.713523
ZMK 10225.106937
ZMW 31.898096
ZWL 365.782223
  • RBGPF

    -5.9900

    62.01

    -9.66%

  • CMSD

    -0.3000

    21.9

    -1.37%

  • CMSC

    -0.3500

    21.8

    -1.61%

  • SCS

    -0.0300

    10.18

    -0.29%

  • RYCEF

    0.2700

    9.13

    +2.96%

  • BCC

    0.9800

    95.66

    +1.02%

  • NGG

    2.4700

    68.06

    +3.63%

  • RIO

    1.9900

    56.86

    +3.5%

  • VOD

    0.2800

    8.73

    +3.21%

  • BCE

    0.3800

    21.36

    +1.78%

  • RELX

    0.1000

    49.12

    +0.2%

  • JRI

    0.1450

    11.91

    +1.22%

  • GSK

    1.0400

    34.64

    +3%

  • BTI

    1.0200

    41.57

    +2.45%

  • AZN

    1.4200

    66.29

    +2.14%

  • BP

    0.3600

    26.59

    +1.35%

Belgian prince seeks social security on top of allowance
Belgian prince seeks social security on top of allowance / Photo: BENOIT DOPPAGNE - Belga/AFP

Belgian prince seeks social security on top of allowance

An unconventional Belgian prince will learn on Monday if he has the right to social security on top of his royal allowance after he sued for coverage -- the first time a royal has taken such action against the state in the country's nearly 200-year history.

Text size:

The 61-year-old Prince Laurent, youngest of three children of the former king and queen, insists his work entitles his family to social security -- and that he is acting out of "principle" rather than for money.

Prince Laurent is no stranger to embarrassing the royal family. His long list of unwelcome antics includes likening his relatives to East Germany's Stasi secret police in 2015.

In 2018, his annual state allowance was cut by 15 percent because he met foreign dignitaries without the federal government's approval.

It was not his first faux pas, but the punishment was unprecedented.

Laurent -- who received 388,000 euros ($425,000) last year from state coffers and lives in his home rent-free -- insists he is not motivated by money.

"This is not about financial means but principle," he told Belgian broadcaster RTBF.

"When a migrant comes here, he registers, he has a right to it. I may be a migrant too, but one whose family established the state in place," he added.

Laurent has pointed to medical costs and his concerns over his family's financial wellbeing since the royal allowance will be cut when he dies.

The prince has had an animal welfare foundation offering free veterinary care in clinics for the past 10 years.

He says the foundation work, alongside dozens of visits representing Belgium and participation on several boards, means he has a busy schedule.

The prince believes he is entitled to social security coverage for independent entrepreneurs.

He took legal action after his application was refused. A first hearing was held in November 2024.

- No 'whim' -

The prince did not take legal action on a "whim", said his lawyer Olivier Rijckaert, in an article in Le Soir newspaper.

Social security is "a right granted by Belgian law to every resident, from the poorest to the biggest billionaire", the lawyer added.

Laurent only receives a salary worth 25 percent of his allowance, since the rest covers professional expenses including travel and wages for a staff member.

This comes to a monthly net wage for the prince of 5,000 euros ($5,480), which is comparable to the "average salary of a senior executive in Belgium", but without the usual "full social security coverage", Rijckaert said.

Laurent and his British wife, Claire, have three children now in their twenties.

Without this coverage, Laurent cannot claim reimbursement for certain medical expenses, or sick pay if he is unable to work.

He is not the only royal to have been unhappy about money.

When King Albert II abdicated in favour of his son Philippe after 20 years of reign in 2013, the ex-monarch found his 923,000 euros ($1.25 million) a year insufficient.

Laurent has lambasted what he calls an attempt to "control" him.

"I never asked for an allowance! I always wanted to work, but I was prevented from doing so," he said in 2023, noting his desire, at the age of 60, to "finally" be able to pursue independent projects.

The judgment will not be delivered in public but sent to the parties in the case on Monday.

(Y.Yildiz--BBZ)