Slovenia has the poorest president in Europe. Relative to average salaries, the presidents of Ukraine and Serbia follow closely as the second and third poorest on the continent. Across Europe, heads of state earn 4.1 times as much as the average earner and cost taxpayers €49.62 per hour.
This is according to a new study by Slot.Day, who analysed the average gross salaries, GDP per capita and presidents’ earnings across 31 countries in Europe. The researchers used the latest available data from national statistics offices and the Organisation for Economic Co-Operation and Development (OECD), ranging between 2022 and the third quarter of 2023. GDP data is sourced from the International Monetary Fund’s (IMF) World Economic Outlook, published in October 2023. Head of state income estimates are based on independent media reports, national legislation, government and presidency websites, income statements and official government communication.
Europe’s poorest president lives in Slovenia. The president earns almost as much as any average employee in the country. The head of state has an estimated gross annual income of €44,701, only 3% higher than the current average salary in Slovenia – €43,342. An hour of the president’s time costs taxpayers €23.41 before deductions – one of the top 10 cheapest hourly pays for presidents in Europe. Slovenia is a country of medium wealth, whose GDP per capita (US$32,350) is slightly below the European average of US$34,710 for 2023, according to IMF estimates. The Slovenian president’s work is worth 1.5 of the country’s GDP per capita.
Ukraine has the second lowest-paid president in Europe, relative to other average earners in the country. Based on official government communication, the Ukrainian president’s gross annual salary in 2023 was only €8,134, which is 1.63 worth of any average earner in the country. This is the lowest pay of any president in Europe, costing Ukrainian taxpayers only €4.26 per hour, before deductions, to carry out all their duties as head of state. Ukraine’s current GDP per capita is also the lowest in Europe, estimated at €5,245 for 2023. The president earns only 70% above that.
Serbia’s president is the third poorest in Europe. With an hourly compensation of just €10.77, before tax, the head of state earns €20,564 per year. This is worth only 1.68 of the average salary in Serbia, estimated at €12,258. Serbia’s GDP per capita is the eighth lowest in Europe (US$11,301), and the president’s salary is almost double this amount.
The presidents of Lithuania and Montenegro earn under two average salaries in their countries, while those in Croatia and Moldova earn just above this level. Finland, Latvia and Bosnia and Herzegovina complete the top 10 poorest presidents of Europe. Finland is the only country in Slot.Day’s ranking whose GDP per capita (US$54,507) is well above the European average (US$34,710).
The richest presidents in Europe live in Bulgaria, Slovakia and Ireland when comparing their official incomes to average salaries.
Paul Royall appointed as Executive News Editor of the BBC News
Journalist Paul Royall has been appointed as the Executive News Editor of the BBC News Channel on a permanent basis.
Royall was previously interim Executive News Editor – leading BBC News Channel’s single operation through the successful launch last year, and consistently delivering breaking news and public service journalism to audiences in the UK and across the world.
BBC News remains the most-watched news channel in the UK, and has a weekly audience of over 100m around the rest of the world. The single-news operation splits into a UK and international feed and joins up with important global news developments to offer audiences the very best of BBC journalism.
“I am delighted to be leading the BBC News channel on a permanent basis. This is a hugely talented team and I’m excited by everything we can achieve for audiences going forward. 2024 will be another momentous year of news, and it will be a privilege to be at heart of if for the channel,” says the new BBC News editor.
Prior to his role at the BBC News Channel, Paul edited the BBC News at Ten, Six and One, and has spent many years at the forefront of BBC News programmes covering major news events including three General Elections, the Scottish and EU Referendums, a global pandemic, the wars in Ukraine and Gaza/Israel and the death of the Queen Elizabeth II.
Mary Earps wins Sports Personality of the Year 2023
Mary Earps was crowned BBC Sports Personality of the Year 2023. The English professional footballer was voted England Women’s Player of the Year for 2022-2023 and finished fifth in the voting for the Ballon d’Or award. The reigning FIFA Best Women’s Goalkeeper was also integral as England won the inaugural Women’s Finalissima with a penalty shoot-out defeat of Brazil in April. In domestic football she claimed the Women’s Super League Golden Glove for the 2022-23 season with Manchester United.
“I’m very honoured and humbled. For me, I feel like this is the ultimate all round sporting accolade. And I think us as Lionesses and obviously United as well, we’ve had an incredible couple of years. This is just wow. It’s not been the easiest journeys and I definitely wouldn’t be where I am today without a number of incredible people in my court. So finally, I just want to say thank you to them,” said Earps on winning BBC Sports Personality of the Year 2023.
The Helen Rollason Award was presented to British athlete Fatima Whitbread who had a difficult start to life. Abandoned as a baby, she spent the first fourteen years of her life living in children’s homes before she was adopted by Margaret Whitbread, a local javelin coach. Fatima fell in love with the sport and with her mum as her coach she rose to the top of her profession, becoming world champion in 1987 and a double Olympic medallist. Since retiring from athletics she has dedicated her time to various charities, helping children who had a similar experience to her and providing assistance and guidance to those leaving the care sector.
Erling Haaland was awarded World Sport Star of the Year after his goals helped Manchester City claim an historic treble. Haaland’s individual awards for the season included both the Premier League’s Player and Young Player of the Season, the Football Writers’ Association’s Footballer of the Year, the Uefa Men’s Player of the Year and the Gerd Muller Trophy at the Ballon d’Or awards for best goalscorer – where he also came second in the voting for best player. He claimed the Premier League’s Golden Boot with a record 36 goals in 38 games, and his 52 goals in all competitions was the most by a Premier League player within a season.
Desmond Smith, from Yorkshire, was the overall winner of the Unsung Hero award. After emigrating to Sheffield from the Caribbean in the 1960s, he made it his life’s mission to support the people within his community and in 1986 he launched the Sheffield Caribbean Sports Club. What started out as a safe haven for a handful of young people has now evolved into an all-inclusive sports club supporting five cricket teams, eight junior football sides, and has over 40 young people attending the venue to train up to four times a week in either football, cricket, hockey or netball.
New Balance Signs Teenage Superstar Endrick
New Balance Football has announced Brazilian teenage sensation Endrick as the latest player to join the brand’s growing roster of athletes. Widely regarded as one of the most exciting young footballers in the world, the 17-year-old joins New Balance as part of the brand’s commitment to championing the next generation of talent, seamlessly blending athletic excellence with cultural influence.
An audacious, dynamic left-footed striker, Endrick burst onto the scene at just 15 years old, gaining global notoriety for his performances for the Palmeiras and Brazil youth teams. In October 2022, aged 16, he became the youngest ever player to represent Palmeiras before going on to eclipse this achievement just a few weeks later by scoring for his club and becoming the second youngest goal scorer in the history of Brazil’s Série A. Endrick is now represented by Roc Nation Sports International.
Endrick finished the season as the Palmeiras top goal scorer in the league with 11 goals, while winning his second, back-to-back, Brazilian Serie A trophy.
His special ability on the pitch has not gone unnoticed, earning himself a call-up to the Brazil national team squad for its 2026 World Cup qualifiers, becoming the youngest player to be called up in nearly 30 years. He went on to make his debut for Brazil against Colombia, making himself the fourth youngest player ever to represent the nation and the youngest to debut in nearly 60 years.
In 2024, he will lead the next generation of Brazilian stars and will join Real Madrid when he turns 18 in July as the most lucrative transfer ever of a player from the Brazilian market.
Endrick said: “It is a great honor to join the New Balance family and partner with a brand that is aligned with the same core values that I embody both on and off the pitch. As I continue to strive for excellence in my professional career, I know that New Balance will support my journey every step of the way.”
Andrew McGarty, Global Director of Sports Marketing for Global Football at New Balance said: “It’s incredibly rare to witness a player so infectiously exciting and determined to carve his own path at such a young age as Endrick, and we’re honoured to become a part of what we believe will be a historic journey together. Endrick epitomises our Fearlessly Independent spirit and everything we champion as a brand. Together with Endrick and his family, we look forward to giving back to the community in Brazil, reflecting his values and ours as a brand. He has the world at his feet and we’re enthusiastically proud to welcome him to the New Balance family”.
“It is incredible that the seminal partnership we have announced for Endrick since joining Roc Nation Sports International is with a best in class, family owned brand that champions its athletes to be the best they can be. New Balance and Endrick will be cemented in history as Endrick continues to carve his meteoric rise in the sport,” says Frederico Pena, President of Roc Nation Sports International Brazil.
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