King Juan Carlos of Spain abdicating: PM

King Juan Carlos of Spain abdicating: PM

PanARMENIAN.Net - King Juan Carlos of Spain is abdicating, Prime Minister Mariano Rajoy has announced, according to BBC News.

Juan Carlos, who is 76, has ruled since 1975, taking over after the death of dictator Francisco Franco. The king's 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 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 the middle of Spain's financial crisis.

Rajoy said the king was stepping down for personal reasons. His health is failing and he has had a number of hip operations in recent years.

The Prime Minister said Juan Carlos had been a "tireless defender of our interests". "I'm convinced this is the best moment for change," he added.

He said ministers would hold a special meeting on the issue.

 Top stories
“Every day Americans need a champion, and I want to be that champion, so you can do more than just get by,” Clinton said.
Defense team say he took part in the bombing, but argue that his elder brother, Tamerlan, was the mastermind of the attack.
The framework is contingent on reaching an agreement by June 30. All sanctions on Iran remain in place until a final deal.
French police say the search for passenger remains and debris on the mountain slopes could take another two weeks.
Partner news
Soghomon Tehlirian assassinated Talaat Pasha on March 15, 1921

Operation Nemesis was a covert operation by the Armenian Revolutionary Federation carried out from 1920 to 1922, during which a number of former Ottoman political and military figures were assassinated for their role in the Armenian Genocide.