Tags: king juan carlos | abdicates | felipe | spain

King Juan Carlos Abdicates in Spain, Prince Felipe Next In Line

Image: King Juan Carlos Abdicates in Spain, Prince Felipe Next In Line
Spain's King Juan Carlos, left and Prince Felipe.

By    |   Monday, 02 Jun 2014 04:04 PM

After nearly 40 years on the throne, Spain’s King Juan Carlos announced he is abdicating the throne to his son.

“A new generation deserves to come to the front line,” the 76-year-old king said Monday in a televised statement. “My son Felipe, the heir to the crown, embodies the stability which is the monarchy’s identity.”

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Prime Minister Mariano Rajoy’s office said Spain’s cabinet will meet Tuesday prior to the country’s parliament that must approve a law to complete the abdication process.

“The king is convinced that this is the best moment for a change in the head of the state,” Prime Minister Mariano Rajoy said, according to Bloomberg News.

The king's decision comes after reports of an affair and a corruption investigation both involving the king’s son-in-law.

His daughter, Princess Cristina, 48, has also been accused of tax fraud and money laundering.

Juan Carlos gained popularity with his countrymen for most of his reign when he resisted an attempted coup against Spain’s democracy in 1981. However, growing criticism has plagued the king in recent years as the country has been battered by Europe’s sovereign debt crisis and unemployment rose.

King Carlos’ son Felipe, 46, is joining other younger European royals ascending to their respective countries’ thrones, including Philippe of Belgium, 54, and King Willem Alexander of the Netherlands, 47. The previous Belgian king, Albert II, and Queen Beatrix of the Netherlands, both abdicated in 2013.

“When the crown prince accedes to the throne he’ll be joining this new generation of monarchs,” Carolyn Harris, a royal historian at the University of Toronto, told Bloomberg in an interview. “Felipe is currently quite popular. He hasn’t become embroiled in the corruption scandals.”

Harris said England’s Queen Elizabeth II isn’t expected to abdicate her throne, given she associates such an action with the constitutional crisis of 1936, when her uncle, Edward VIII, renounced the throne to marry an American divorcee and socialite, Wallis Simpson.



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After nearly 40 years on the throne, Spain's King Juan Carlos announced he is abdicating the throne to his son.
king juan carlos, abdicates, felipe, spain
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2014-04-02
Monday, 02 Jun 2014 04:04 PM
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