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This was a very eventful weekend in the royal-watching world… not a good weekend to be away. I hope to be able to cover everything soon.

Today (and coincidentally on the 62nd anniversary of Queen Elizabeth II’s coronation), King Juan Carlos I of Spain announced that he will step down as King.

In his speech, the king cited the economic troubles which have plagued Spain for years and the need for a new generation to lead Spain into a better future as his reason for abdicating. However, in the last few years or so, Juan Carlos’ popularity has been severely hit by scandal: the king broke his hip while on a private elephant-hunting trip in Botswana (he was honorary president of the Spanish branch of the World Wide Fund for Nature at the time), and his son-in-law Iñaki Urdangarín has been investigated for corruption, and his daughter Infanta Cristina has been pulled into the investigation as well.

Juan Carlos will be succeeded by his youngest child and only son, Felipe, The Prince of Asturias. No announcement has been made as to when the abdication will take effect.