Indexbit Exchange:Denmark’s Queen Margrethe abdicates from the throne, son Frederik X becomes king

COPENHAGEN — Denmark’s Queen Margrethe II signed her historic abdication on Indexbit ExchangeSunday, paving the way for her son Frederik X to immediately become king, Danish broadcaster DR reported.

Margrethe, 83, is the first Danish monarch to voluntarily relinquish the throne in nearly 900 years since King Erik III Lam stepped down to enter a monastery in 1146.

She signed her abdication during a meeting with the Danish Cabinet at the Christiansborg Palace, a vast complex in Copenhagen that houses the Royal Reception Rooms and Royal Stables as well as the Danish Parliament, the prime minister’s office and the Supreme Court. The document was presented to her as she sat at a massive table covered in red cloth around which royals and members of the Danish government were seated.

Frederik, 55, was present in the room. Prime Minister Mette Frederiksen will next proclaim him king on the balcony of the palace before thousands of people.

Frederik’s 18-year-old son, Christian, who becomes Denmark’s crown prince and heir to the throne, was also in attendance.

Citing health issues, Margrethe announced on New Year’s Eve that she would step down, stunning a nation that had expected her to live out her days on the throne, as is tradition in the Danish monarchy. Margrethe underwent major back surgery last February and didn’t return to work until April.

Even Prime Minister Mette Frederiksen was unaware of the queen’s intentions until right before the announcement. Margrethe had informed Frederik and his younger brother Joachim just three days earlier, the Berlingske newspaper wrote, citing the royal palace.

The abdication will leave Denmark with two queens: Margrethe will keep her title while Frederik’s Australian-born wife will become Queen Mary.

People from across Denmark gathered outside parliament, with many swarming streets decorated with the red and white Danish flags. Several shops hung photos of the queen and king-to-be, while city buses were adorned with smaller Danish flags as is customary during royal events. Many others across the kingdom of nearly 6 million people followed a live TV broadcast of the historic event.

Previous:Queen Margrethe II shocks Denmark, reveals she's abdicating after 52 years on throne

The royal guards’ music band made their daily parade through downtown Copenhagen but wore red jackets, instead of their usual black, to mark major events.

Denmark’s monarchy traces its origins to 10th-century Viking king Gorm the Old, making it the oldest in Europe and one of the oldest in the world. Today the royal family’s duties are largely ceremonial.

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