The decision by a court in Palma de Majorca came in response to a request from prosecutors that Inaki Urdangarin be allowed to remain temporarily free if he pays bail of 200,000 euros (USD 211,000), rather than go straight to prison.
The Balearic Islands court also said that Urdangarin, who is married to Spain's Princess Cristina, could stay in Switzerland where he currently lives until all possible appeals are exhausted.
Cristina was also accused of involvement in the scandal over her husband's business dealings while he was head of the Noos Institute, a not-for-profit sports foundation, on suspicion of helping him evade taxes.
But on Friday, following a long-running and high-profile trial, Cristina was acquitted while her husband was sentenced to jail.
The fact that both stood trial was seen as unprecedented in a country that had long protected its elites.
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