Abdication of Juan Carlos I
Juan Carlos I in 2014
Felipe VI in 2008
King Juan Carlos I of Spain announced his pending abdication from the throne on 2 June 2014. An organic law permitting the abdication, required by the 1978 Constitution in its article 57.5, was drafted by the government and approved by the Cortes Generales, and was formally signed on 18 June during a ceremony in the Hall of Columns of the Royal Palace of Madrid. The abdication became effective when it was published in the Official State Gazette at midnight on 19 June.
The Prince of Asturias, Felipe de Borbón y Grecia, succeeded the throne under the name Felipe VI on the abdication of his father. Juan Carlos retained the title of king emeritus with ceremonial functions entrusted to him by Felipe.