Spain’s king unveils assets amid push for more transparency

By ASHIFA KASSAM
Associated Press

MADRID (AP) — The Spanish government has passed a decree aimed at boosting the transparency in a monarchy still reeling from scandals involving King Felipe VI’s father, former King Juan Carlos I. The government described the decree approved at a weekly Cabinet meeting on Tuesday as a step toward modernizing Spain’s royal house. The move came a day after Felipe made public his personal assets of 2.6 million euros ($2.8 million) for the first time. The decree will subject the accounts of the royal household to the scrutiny of Spain’s national Court of Auditors and require members of the royal family to declare any gifts they receive. Juan Carlos left Spain for the United Arab Emirates in 2020.