Spain Abdicates

From the BBC:
"King Juan Carlos of Spain abdicates"

King Juan Carlos of Spain has announced his intention to abdicate, after nearly 40 years on the throne. "A new generation must be at the forefront... younger people with new energies," the 76-year-old king said in a televised address. His son, Crown Prince Felipe, 45, will take over the throne.

For much of his reign, Juan Carlos was seen as one of the world's most popular monarchs, but recently many Spaniards have lost confidence in him. His reputation has been tarnished by a long-running corruption investigation into the business dealings of his daughter and her husband.

Support for the king fell further when it was discovered he had been on a lavish elephant hunting trip to Botswana in April 2012, in the middle of Spain's financial crisis. The first announcement about the abdication came from Prime Minister Mariano Rajoy, who told reporters: "His Majesty King Juan Carlos has just informed me of his desire to renounce the throne and begin the process of succession."

Later, the king himself said in a televised address that it was time for a "new era" in which a new generation could take on the transformations and reforms required. He said his son, Prince Felipe, had the maturity and preparation to be king.

^ It seems that European monarchs are abdicating (the Netherlands and Belgium and now Spain) left to right. I don't know much about Spain's Juan Carlos - except that the dictator Franco (who fought against the Monarchy in the 1930s) wanted him to come to power once he died which seems strange. I should know more since I have family in Spain. I think it's a good thing that a Monarch abdicates when he/she can no longer rule their people in the way that they need to be ruled. I don't see Queen Elizabeth II abdicating unless something major happens to her. She knows that she is keeping the British Commonwealth together and that without her it could fall apart (not many want Prince Charles to be King and he has to before his son Prince William can be.) With regards to Spain, I hope the new King (Felipe) can bring the Spanish people together again. ^

http://www.bbc.com/news/world-europe-27662301