King Juan Carlos of Spain has decided to abdicate, Prime Minister Mariano Rajoy has announced.
King 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.
[source : King Juan Carlos of Spain abdicating, BBC, http://www.bbc.co.uk/news/world-europe-27662301, 2nd June 2014]
JC had recently been embroiled in a scandal about shooting wildlife while the rest of Spain suffers banker-imposed austerity.
However, this announcement comes the day after Bilderberg 2014 finished...WHICH HIS WIFE ATTENDED!!
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