Spain's King Juan Carlos, who led Spain's transition from dictatorship to democracy, will abdicate so his son Felipe can become the country's next monarch, Spanish Prime Minister Mariano Rajoy told the country Monday in an announcement broadcast nationwide.
The princes Juan Carlos of Borbon and Sofia of Greece in the Zarzuela Palace with their daughter Cristina , 1965, Madrid, Spain. Getty Images
Princess Juan Carlos of Borbon and Sofia of Greece on a trip to Segovia, 1964, Segovia, Spain. Getty Images
At the entrance of the Zarzuela Palace, Anamaria Queen of Greece and her husband King Constantine of Greece, Princess Irene of Greece, the Queen Mother Federika of Greece, Princess Sofia of Greece and her husband, Prince Juan Carlos of Borbon , 1968, Madrid, Spain. Getty Images.
King Juan Carlos greets Carlos Robles Piquer in the Council of Ministers, behind José Solis Ruiz, 19760101, A Coruna, Spain. Getty Images
Spain's Crown Prince Felipe (C), King Juan Carlos and Queen Sofia (R) attend an Epiphany Day ceremony at the Royal Palace in Madrid January 6, 2014. Reuters
VATICAN CITY, VATICAN - APRIL 27: Pope Francis greets King Juan Carlos and Queen Sofia of Spain (L) followed by King Albert II (back C) and Queen Paola (R) of Belgium after the canonisation in which John Paul II and John XXIII were declared saints on April 27, 2014 in Vatican City, Vatican. Dignitaries, heads of state and Royals from Europe and across the World attended the canonisations. Getty Images
MADRID, SPAIN - JANUARY 06: (L-R) Princess Letizia of Spain, Prince Felipe of Spain, Queen Sofia of Spain and King Juan Carlos of Spain attend the New Year's Military Parade at the Royal Palace on January 6, 2014 in Madrid, Spain. Getty Images
MADRID, SPAIN - MARCH 31: (L-R) King Juan Carlos of Spain, Camilla, Duchess of Cornwall, Prince Charles, Prince of Wales and Queen Sofia of Spain are received at Zarzuela Palace on day two of a three day visit to Spain on March 31, 2011 in Madrid, Spain. Camilla, Duchess of Cornwall, and Prince Charles, Prince of Wales, are on a three day trip to Spain as part of a tour to Portugal, Spain and Morroco. Getty Images