Nicolas Sarkozy on €21,000 a month

President takes a 14% pay cut this year and almost halves his spending on travel, new figures reveal

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NICOLAS Sarkozy's monthly salary has fallen by 14% this year, suggesting that even the head of state is not immune from the economic crisis.

Figures revealed in parliament yesterday show the French president earns €21,133 gross per month, before deduction of social charges.

This is down from a monthly pay packet of €24,572 during 2008.

The figures are included in a report by Socialist MP Jean Launay, presented to the National Assembly as part of its debate on the Elysée's 2010 budget.

The president's travelling expenses have almost halved in a year, down from €1.45m to €0.74m, but security costs were up 60% at €448,000.

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