Saturday 19 August 2017

All hail Queen Letizia (Kate Middleton's Spanish style rival) at coronation ceremony

Spain's new King Felipe VI and his wife Queen Letizia appear on the balcony of the Royal Palace in Madrid
Spain's new King Felipe VI and his wife Queen Letizia appear on the balcony of the Royal Palace in Madrid
Spain's new King Felipe VI, his wife Queen Letizia, Princess Sofia and Princess Leonor pose as they arrive at the Congress of Deputies in Madrid
Spain's new King Felipe VI (L) kisses his wife Queen Letizia during the swearing-in ceremony at the Congress of Deputies in Madrid
Caitlin McBride

Caitlin McBride

Princess Letizia of Spain is fast rivalling the Duchess of Cambridge as the world's most stylish royal.

The former TV journalist wed her royal husband in 2004. The couple have two children together - Princesses Sofia and Leonor.

Spain's beautiful new Queen was sworn in this morning.

Her husband Felipe's parents King Juan Carlos and Queen Sophia announced earlier this month they would be abdicating the throne amid a series of royal scandals.

The 41-year-old style icon is being hailed as a potential saviour of the Spanish fashion industry, causing a 'Letizia effect' to rival that of the Kate Middleton.

Wearing a silk white skirt suit with diamond accessories, she was the epitome of elegance this morning at Madrid's Congress of Deputies, where the coronation ceremony took place.

MADRID, SPAIN - JUNE 19: Prime Minister Mariano Rajoy (L) stands with King Felipe VI of Spain and Queen Letizia of Spain, Princess Leonor, Princess of Asturias and Princess Sofia infront of the Lions Gate at the Congress of Deputies during the King's official coronation ceremony on June 19, 2014 in Madrid, Spain. The coronation of King Felipe VI is held in Madrid. His father, the former King Juan Carlos of Spain abdicated on June 2nd after a 39 year reign. The new King is joined by his wife Queen Letizia of Spain. (Photo by Andreas Rentz/Getty Images)

It was pared down in respect of Spain's economic recession, rather than involving the usual fanfare surrounding a coronation.

Now that she rules the monarch alongside her blue blood husband, Letizia will be granted access to a jewel vault worth millions, owned by the Spanish royal family.

"She is a living, breathing marketing bonanza for both the mass market and the high-end apparel sector," claimed the New York Times today.

"And in this context, her importance, especially for a country whose economy has not entirely recovered from the recession, should not be underestimated," the paper said today of her potential to rejuvenate her country's rag trade.

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MADRID, SPAIN - JUNE 19: King Felipe VI of Spain and Queen Letizia of Spain arrive followed by Princess Sofia, Princess Leonor, Princess of Asturias and Prime Minister Mariano Rajoy at the Lions Gate, the Congress of Deputies during the King's official coronation ceremony on June 19, 2014 in Madrid, Spain. The coronation of King Felipe VI is held in Madrid. His father, the former King Juan Carlos of Spain abdicated on June 2nd after a 39 year reign. The new King is joined by his wife Queen Letizia of Spain. (Photo by Andreas Rentz/Getty Images)

Spain is in the grip of a deep recession – with many criticising the spending of the Bourbon household.

Earlier this year, spending by the royal family was cut to €7.78m – down from €9.4m five years ago.

King Juan Carlos received a salary of €140,000, plus a further €150,000 to cover the “cost of representation”.

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MADRID, SPAIN - JUNE 19: Prime Minister Mariano Rajoy (L) stands with King Felipe VI of Spain and Queen Letizia of Spain, Princess Leonor, Princess of Asturias and Princess Sofia infront of the Lions Gate at the Congress of Deputies during the King's official coronation ceremony on June 19, 2014 in Madrid, Spain. The coronation of King Felipe VI is held in Madrid. His father, the former King Juan Carlos of Spain abdicated on June 2nd after a 39 year reign. The new King is joined by his wife Queen Letizia of Spain. (Photo by Andreas Rentz/Getty Images)

His son received an amount equalling half his father’s salary and expenses.

In 2013, to quell public anger in a country where unemployment had risen, Juan Carlos renounced the use of his €21m yacht.

Spain's new King Felipe VI (C), wearing the Sash of Captain-General, kisses his wife Queen Letizia as his mother Queen Sofia (R) looks on during a ceremony at La Zarzuela Palace in Madrid, June 19, 2014. Spain's new king, Felipe VI, will be sworn in on Thursday in a low-key ceremony which monarchists hope will usher in a new era of popularity for the troubled royal household. REUTERS/Zipi/Pool (SPAIN - Tags: ROYALS POLITICS ENTERTAINMENT)

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