Spain's Juan Carlos I, ailing and tainted by a family corruption scandal, announced Monday that he will abdicate in favor of Prince Felipe, handing his 46-year-old son the challenge of restoring ...

Spain’s King Juan Carlos abdicates in favor of more popular son, Prince Felipe. June 2, 2014 at 4:35 p.m. EDT.

MADRID --Spain's King Juan Carlos plans to abdicate and pave the way for his son, Crown Prince Felipe, to take over, Spanish Prime Minister Mariano Rajoy told the country Monday in an announcement ...