MADRID, SPAIN - JUNE 18: (L-R) Queen Sofia of Spain, Prince Felipe of Spain,King Juan Carlos of Spain, Princess Letizia of Spain, Infanta Pilar de Borbon, Infanta Margarita of Spain, Princess Leonor of Spain, Princess Sofia of Spain and Princess Elena of Spain attend the official abdication ceremony at the Royal Palace on June 18, 2014 in Madrid, Spain. King Juan Carlos of Spain's abdication takes effect at midnight local time. (Photo by Alberto Martin-Pool/Getty Images)
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