MADRID, SPAIN - JULY 03: Prince Felipe of Spain and Princess Letizia of Spain attend Iberdrola Foundation Scholarships 2012 at "Casa de America" on July 3, 2012 in Madrid, Spain. (Photo by Carlos Alvarez/Getty Images)
MADRID, SPAIN - JULY 03: Prince Felipe of Spain and Princess Letizia of Spain attend Iberdrola Foundation Scholarships 2012 at "Casa de America" on July 3, 2012 in Madrid, Spain. (Photo by Carlos Alvarez/Getty Images)