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October 31, 1975: Prince Juan Carlos of Spain plays with his seven-year-old son Felipe in the gardens of Zarzuela Palace in Madrid. Juan Carlos became king less than a month later, following the death of longtime dictator Francisco Franco.

Spain's Prime Minister announced Monday that Juan Carlos is to abdicate after almost four decades as king and Crown Prince Felipe will take over the throne.

King Juan Carlos and his son Crown Prince Felipe attending a ceremony in Madrid on Spain's Armed Forces Day, June 1, 2013.KOTE RODRIGO / EPA, file