Spanish King’s Yacht to Be Returned to Donorsposted: 7/12/2013
Deputy Prime Minister Soraya Saenz de Santamaria said July 5 that the government had agreed to return the 135-foot Fortuna donated by Balearic Islands’ Fundatur foundation in 2000, and that it would be up to the foundation to decide the vessel’s future.
The foundation asked for the boat back after the royal palace in May asked the government to take it off the king’s hands.
The king’s decision was seen as a belt-tightening measure, as Spain braves a severe economic crisis. It came as the monarchy’s popularity had plunged to an all-time low, following scandals that had tarnished the family’s image.