logo
European royal's real reason for abdicating the throne is confirmed just months away from stepping down

European royal's real reason for abdicating the throne is confirmed just months away from stepping down

Daily Mail​01-05-2025

Grand Duchess Maria Teresa has revealed the reason behind her husband Grand Duke Henri's shock decision to abdicate the Luxembourg throne.
The monarch, 70, made the announcement in December during what will now be considered his last ever annual Christmas broadcast, bringing his 24-year reign to an end.
His son, Prince Guillaume, 43, will officially take the throne from October - and has already assumed many of his father's duties in recent months.
He will be the second European monarch to step down in recent years. In January 2024, Queen Margrethe of Denmark decoded to give up the throne after 52 years, with her son Frederik taking over as King.
In an exclusive interview given to HELLO! Magazine at her impressive home in Berg Castle, the Grand Duchess has revealed the real reasons behind the change in plan.
She said that, unlike other monarchies, abdication is a tradition in the Luxembourg royal family.
"It's a family tradition that goes back to Henri's grandmother, Grand Duchess Charlotte,' the Duchess explained.
'Then his father Jean did the same. What is special and doesn't exist in other monarchies is the transition period we have, which makes things smoother.'
In 2000, Grand Duke Henri took to the throne when his father, Grand Duke Jean abdicated.
Duchess Maria Teresa added: 'So the abdication isn't something radical. After reigning for 25 years, at our age and with such a well-prepared heir, we're able to pass on the baton and enjoy some rest.'
She said that there will be a one-year transition period as the reins are handed over, with the Grand Duke remaining as head of state but delegating some of his powers.
In October, the royal couple will retire to the Fischbach Estate to make way for their heirs, Prince Guillaume and Princess Stephanie.
The Duchess herself, who has been married to the Duke for 44 years, grew up in Cuba but was forced to flee due to the Castro revolution in 1959. The couple share five children: Guillaume, Felix, Louis, Alexandra and Sebastien.
Unlike other monarchies, Luxembourg is helmed by a Grand Duke, rather than a king or queen.
The current house is Nassau-Weilburg, dating back to a family pact in 1783.
During the broadcast in December, the outgoing Grand Duke said he was 'proud' to have served his country for a quarter of a century.
He said: 'It has been a period during which Luxembourg has undergone great changes, and I am proud to have been able to, together with the Grand Duchess, walk this path with you.'
While explaining that 'the Grand Duke is above political parties and does not interfere in political debates,' he said, 'nothing prevents me from speaking out when the fundamental interests of the country and its citizens are at stake.'
He continued: 'This is what I have strived to do over the past 25 years, paying particular attention from the outset to the diversity of our population, the need for coexistence, and sustainability in all areas of our society, so that we can leave our children a healthier country.'
Henri had hinted at stepping down in June this year when he announced his son would become Lieutenant-Representant.
After the announcement, the Grand Duke appeared very moved and kissed his son whilst the room applauded.
According to the official Palace website, 'designation of the Lieutenant-Representative traditionally occurs in the process of change of reign'.
'This is the beginning of a next chapter for our monarchy,' Luxembourg's Prime Minister Luc Frieden told local media at the time.
While the move over the summer on the country's National Day came as a shock to the public, Frieden said it had been mulled behind closed doors for a while.
'We have been talking about it for some time, and I think that on the national holiday it was the right moment, because the Grand Duke is the symbol of our nation,' he said.
Grand Duke Henri is the eldest son of the five children of Grand Duke Jean and Grand Duchess Joséphine-Charlotte and took to the throne in 2000, after his father abdicated following a 36-year reign.
Following his birthday last year, he admitted that he 'intends to retire at some point' in an interview with French publication La Libre.
'All this is planned in family consultation. I find that it is very important to give young people a perspective.'
'There are plans, it will happen,' the Grand Duke continued.
Last year, Queen Margrethe of Denmark decided to give up the throne after 52 years, making way for her son Frederik to take over as King on 14 January.
In a statement revealing the news, the former Danish monarch said: 'I have decided that now is the right time.
'The 14th January 2024 - 52 years after I followed my beloved father - I will step back as the Queen of Denmark. I leave the throne to my son the Crown Prince Frederik.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dimes Square is being turned into 'Spritz Square,' in honor of the iconic summer drink
Dimes Square is being turned into 'Spritz Square,' in honor of the iconic summer drink

Time Out

time29 minutes ago

  • Time Out

Dimes Square is being turned into 'Spritz Square,' in honor of the iconic summer drink

Do you remember a few years ago when The New York Times tried to tell us that Aperol Spritzes weren't good? Well, clearly, I do, as I am still talking about it six years later. Personally, I love the bitter-leaning cocktail, particularly in the warmer months when I want equal parts interest and bubbles. I'm certainly not alone in my love affair, as the summery cocktail has slowly reappeared on menus (or really, they never left), primed and ready for a rooftop romp or an outing on a patio. Heck, even a European currency company started its very own tracker of where to find the cheapest spritz across the continent. Not to be outdone, Aperol's sister's spirit has something to say. Throwing its hat in the ring for the leading spritz of the summer is the Campari spritz. Made with Campari (duh), this version is a tad drier and more intense in its bitterness but still just as refreshing. Making its own stake on the season, the deep red liqueur is taking over a popular corner of Manhattan for a summer of spritz. This June, the iconic liqueur will be painting Dimes Square red, transforming it into Campari Spritz Square. Taking over 171 East Broadway, the aperitivo experience will offer curated food offerings, deals at local businesses in the area, and, naturally, spritzes. The two-day pop-up, taking place on June 14 and 15, offers two sit-down experiences in the micro-neighborhood. Each table will receive complimentary Campari spritzes, limited to two per person, paired with light bites and music from a live DJ. After you've properly been 'spritzed,' now is the time to shop, as the brand has partnered with three popular businesses in the area. Check out bespoke jewelry from Susan Alexandra, and vCampari-inspired art at the design shop-slash-gallery Coming fashion-forward clothing store, Colbo, will be hosting its own spritz-and-shop set-up with tunes, light bites and more chances to sip on the iconic cocktail. While the experience is complimentary, reservations are required. As of this writing, the event is currently sold out on Resy. But don't worry just yet, as more tickets are expected to drop next week. (Reserve your spot here.) Keep an eye out, so you can start your summer with spritz in hand.

European Central Bank cuts interest rate as Trump tariffs threaten economy
European Central Bank cuts interest rate as Trump tariffs threaten economy

Glasgow Times

time44 minutes ago

  • Glasgow Times

European Central Bank cuts interest rate as Trump tariffs threaten economy

The bank's rate-setting council cut interest rates by a quarter of a point on Thursday at the bank's skyscraper headquarters in Frankfurt. Analysts expected a cut, given the gloomier outlook for growth since Mr Trump announced a slew of new tariffs on April 2 and subsequently threatened to impose a crushing 50% tariff, or import tax, on European goods. The bigger question remains how far the bank will go at subsequent meetings. Bank president Christine Lagarde's remarks at a post-decision news conference will be scrutinised for hints about the bank's outlook. ECB head Christine Lagarde (PA) Much depends on whether trade tensions can be resolved through negotiations, the bank indicated. 'A further escalation of trade tensions over the coming months would result in growth and inflation being below the baseline projections,' the bank said in its accompanying monetary policy statement. 'By contrast, if trade tensions were resolved with a benign outcome, growth and, to a lesser extent, inflation would be higher.' While the trade war and the uncertainty that goes with it is holding back growth, the ECB said the economy should get additional stimulus from higher government spending on defence and infrastructure. European governments are stepping up plans for defence purchases to counter Russia and its invasion of Ukraine. The spending boosts arrive amid concern that the US is no longer a fully committed ally in support of Ukraine. US defence secretary Pete Hegseth did not attend a recent meeting of allied nations created to organise Ukraine's military aid. It was the first time the US was not present since the group was set up three years ago. Mr Hegseth's predecessor, Lloyd Austin, created the group after Russia launched all-out war on Ukraine in 2022. Given the different possible outcomes the bank said that it was 'not committing to a particular rate path' for future policy meetings. Thursday's decision took the bank's benchmark rate to 2%, down from a peak of 4% in 2023-24. The bank raised rates to suppress an outbreak of inflation in 2021 to 2023 that was triggered by Russia's invasion of Ukraine, and by the rebound from the pandemic. But as inflation fell, the bank shifted gears towards supporting growth by lowering rates. With inflation now down to 1.9%, below the bank's target of 2%, analysts say the bank has room to take rates even lower to support growth.

European Central Bank cuts interest rate as Trump tariffs threaten economy
European Central Bank cuts interest rate as Trump tariffs threaten economy

South Wales Guardian

timean hour ago

  • South Wales Guardian

European Central Bank cuts interest rate as Trump tariffs threaten economy

The bank's rate-setting council cut interest rates by a quarter of a point on Thursday at the bank's skyscraper headquarters in Frankfurt. Analysts expected a cut, given the gloomier outlook for growth since Mr Trump announced a slew of new tariffs on April 2 and subsequently threatened to impose a crushing 50% tariff, or import tax, on European goods. The bigger question remains how far the bank will go at subsequent meetings. Bank president Christine Lagarde's remarks at a post-decision news conference will be scrutinised for hints about the bank's outlook. Much depends on whether trade tensions can be resolved through negotiations, the bank indicated. 'A further escalation of trade tensions over the coming months would result in growth and inflation being below the baseline projections,' the bank said in its accompanying monetary policy statement. 'By contrast, if trade tensions were resolved with a benign outcome, growth and, to a lesser extent, inflation would be higher.' While the trade war and the uncertainty that goes with it is holding back growth, the ECB said the economy should get additional stimulus from higher government spending on defence and infrastructure. European governments are stepping up plans for defence purchases to counter Russia and its invasion of Ukraine. The spending boosts arrive amid concern that the US is no longer a fully committed ally in support of Ukraine. US defence secretary Pete Hegseth did not attend a recent meeting of allied nations created to organise Ukraine's military aid. It was the first time the US was not present since the group was set up three years ago. Mr Hegseth's predecessor, Lloyd Austin, created the group after Russia launched all-out war on Ukraine in 2022. Given the different possible outcomes the bank said that it was 'not committing to a particular rate path' for future policy meetings. Thursday's decision took the bank's benchmark rate to 2%, down from a peak of 4% in 2023-24. The bank raised rates to suppress an outbreak of inflation in 2021 to 2023 that was triggered by Russia's invasion of Ukraine, and by the rebound from the pandemic. But as inflation fell, the bank shifted gears towards supporting growth by lowering rates. With inflation now down to 1.9%, below the bank's target of 2%, analysts say the bank has room to take rates even lower to support growth.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store