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Spain’s King Juan Carlos abdicates in favour of son Felipe to save monarchy

Spain's Juan Carlos is to abdicate in favour of his more popular son Felipe, as a corruption scandal fuels growing anger at political elite

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King Juan Carlos signs over power. Photo: EPA

Spain's King Juan Carlos said yesterday he would abdicate in favour of his more popular son Prince Felipe in an apparent bid to revive the scandal-hit monarchy at a time of economic hardship and growing discontent with the wider political elite.

"A new generation is quite rightly demanding to take the lead role," Juan Carlos, 76, said on television, hours after a surprise announcement from Prime Minister Mariano Rajoy that the monarch would step down after almost 40 years on the throne.

Watch: Spain's King Juan Carlos abdicates to 'renew' monarchy

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Juan Carlos, who helped smooth Spain's transition to democracy in the 1970s after the Francisco Franco dictatorship, seemed increasingly out of touch in recent years. He took a secret luxury elephant-hunting trip to Botswana in 2012, a time when one in four Spanish workers was jobless and the government teetered on the brink of default.

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A corruption scandal in the family and his visible infirmity after repeated surgery in recent years have also eroded support.

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