Italian Prime Minister Draghi to Forego Salary... Owns 10 Houses

[Image source=EPA Yonhap News]

[Asia Economy Reporter Park Byung-hee] Italian Prime Minister Mario Draghi has decided not to receive a salary, Bloomberg News reported on the 13th (local time), citing an announcement from the Italian government.

During former Prime Minister Giuseppe Conte's tenure, the prime minister's salary was 115,000 euros (approximately 157 million KRW), but Conte only received 80% of that salary. Prime Minister Draghi has stated that he will forgo his entire salary.

Bloomberg analyzed this move as an attempt to broaden his support base and reported that recently, Draghi has had disagreements with leaders of various parties within the coalition government regarding the timing of lifting COVID-19 restrictions.

It also appears to have been influenced by the fact that he was confirmed to own multiple real estate properties through his public official asset disclosures.

According to the Italian public official asset declaration released that day, Draghi was confirmed to own 10 buildings domestically and abroad, either solely or jointly. It was also confirmed that he owns a house in London, United Kingdom. He also owns six plots of land. The appraisal value or area of the real estate holdings was not disclosed.

For the fiscal year 2019, Draghi's total income was 581,665 euros. However, the local daily 'Il Riformista' reported that after taxes, about 338,000 euros remained as net income.

This content was produced with the assistance of AI translation services.