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financial arrangements of the former rulign famliy of Saxony and the German State of Saxony agreedwa
Posted by Cabri on 18/7/2014, 17:17:13User logged in as Cabri
Today the final agreement between the house of Wettin and the German state of Saxony was signed. The House of Wettin recieves a further 4.8 Million € and art worth 1.1 Million €.
In 1999 the first agreement was signed giving the house of Wettin 9 Million and art worth 2.1 Million €. However a clause in the agreement stated that if new property of the House of Wettin emerges, new negotiations are necessary. In the end four times new negotiations were necessary. That gave the house of Wettin 15 Million €