Spanish government to discuss King's abdication

The Spanish cabinet will discuss King Juan Carlos' abdication later today. Large anti-monarchist protests sprang up overnight across the country.

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Spain's new King to be crowned within weeks

New laws needed to allow Spain's King Juan Carlos to abdicate in favour of his son have been set in train by the Spanish parliament.

The country is due to have his son, Crown Prince Felipe, crowned as King on the throne within three weeks.

But with slipping ratings and a corruption scandal stubbornly swirling around the family, the esteem of the monarch is being eroded fast, as Correspondent Dan Rivers reports.

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Spanish Republicans celebrate after abdication

Protesters look at a fake guillotine during an anti-royalist demonstration at the town hall square in Valencia, June 2, 2014. Credit: Reuters

Anti-monarchist demonstrations have sprung up across Spain in the wake of King Juan Carlos I's abdication announcement.

People take part in an anti-monarchist demonstration at Madrid's landmark Puerta del Sol Square. Credit: Reuters

Juan Carlos has been on the throne for 39 years and was a hero to many for shepherding Spain's democratic and economic transformation.

However, his popularity big blow following royal scandals, including a 2012 elephant-shooting trip he took at the height of Spain's financial crisis during which he broke his right hip and had to be flown from Botswana to Spain aboard a private jet for medical treatment.

Women hold hands while they walk holding a Republican flag after taking part in an anti-royalist demonstration in Ronda, near Malaga. Credit: Reuters

King Juan Carlos abdicating to 'ensure stability' in Spain

Spain's King Juan Carlos said he is abdicating to "ensure stability" in the country.

Spain's King Juan Carlos. Credit: Reuters

In a televised statement, he said: "My son [Crown Prince] Felipe, who is the heir to the throne, is the incarnation of stability.

"When I turned 76 in January, I decided it was the moment to prepare passing the baton to someone who can ensure stability".

He ended the broadcast with the words: "I will always hold Spain in the depths of my heart".

Juan Carlos resignation 'for political reasons'

King Juan Carlos has decided to abdicate from the Spanish throne for political reasons, rather than as a result of declining health, according to sources close to the Spanish royal family.

The monarch reportedly decided in January that he would pass on the crown to his son, Felipe, but delayed the announcement until the conclusion of the European Parliament elections.

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Juan Carlos offers abdication letter to Spanish PM

The Twitter account of Spain's royal family has published photos of King Juan Carlos I offering his letter of abdication to the country's Prime Minister, Mariano Rajoy.

Juan Carlos, who has been on the throne almost 40 years, will be replaced by his son, Crown Prince Felipe.

Juan Carlos hands his abdication letter to Spain's Prime Minister, Mariano Rajoy. Credit: Twitter/Spanish Royal Family
The letter presented by Juan Carlos announcing his abdication from the Spanish throne. Credit: Twitter/Spanish Royal Family

Spanish PM: 'This is the best moment for change'

Spain's Prime Minister, Mariano Rajoy, has said now is "the best moment for change", following the decision of King Juan Carlos I to hand over the throne to his son, Crown Prince Felipe.

Addressing reporters this morning, Mr Rajoy said: "His majesty, King Juan Carlos, has just communicated to me his will to give up the throne. I'm convinced this is the best moment for change."

Mr Rajoy said the surprise decision was due to personal reasons.

Crown Prince Felipe to take over as Spain's King

Crown Prince Felipe, 46, will take over the Spanish throne following the abdication of his father, Juan Carlos I.

Spain's Prime Minister, Mariano Rajoy, said a new constitutional amendment would be proposed to allow Juan Carlos to abdicate.

Crown Prince Felipe is set to take over the Spanish throne. Credit: Monochrome Project/Dana Press Photos/Press Association Images
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