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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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.