Oliver James Montgomery:Denmark’s queen makes one last public appearance before stepping down in a rare abdication

2025-05-06 14:00:38source:Rubypoint Trading Centercategory:Invest

COPENHAGEN,Oliver James Montgomery Denmark (AP) — Europe’s longest reigning monarch Queen Margrethe rode through Denmark’s capital Thursday in a gilded, horse-drawn coach as she concluded her last New Year celebrations before her abdication later this month.

Thousands braved the freezing temperatures, strong winds, snow and sleet to cheer the popular queen along the route in what is to be her last public appearance as monarch. She will step down on Jan. 14 after 52 years on the throne.

The 83-year-old monarch will hand the throne to her oldest son, Crown Prince Frederik in the first such resignation in Europe’s oldest ruling monarchy in nearly 900 years.

Margrethe rode in the so-called Gold Coach — pulled by six white horses — that is used when the monarch rides from the royal residence at the Amalienborg Palace to the Christiansborg Palace during the traditional New Year’s fete with officers from the Armed Forces, among others.

Other news Denmark’s Queen Margrethe II to step down from throne on Jan. 14Denmark widens terror investigation that coincides with arrests of alleged Hamas members in GermanyDenmark and Germany announce arrests of terror suspects, including suspected Hamas members

The monarch wore a fur coat and white gloves in the closed 19th-century coach covered in 24-karat gold leaf and topped with four gilded crowns on the roof. It was escorted by members of the Hussar Regiment in blue uniforms with red jackets.

Earlier this week, Queen Margrethe held a series of events to greet the Danish government, parliament, top civilian and military officials and foreign diplomats.

The Christiansborg Palace which is used for official royal events, such as gala banquets and public audiences, also houses the Danish parliament, the prime minister’s office and Denmark’s highest court. It is located a little over half a mile from Amalienborg.

The queen will sign her formal abdication on Jan. 14 at a state council — a meeting with the Danish government — making Frederik, 55, and his Australian-born wife Mary, 51, king and queen of Denmark.

Although monarchs in several European countries have abdicated to allow younger royalty to take over, there is no such tradition in Denmark.

For years, Margrethe has insisted that she will not quit. However, her health has changed that. In her annual New Year televised address on Dec. 31, Margrethe said back surgery in early 2023 led to “thoughts about the future” and when to pass on the responsibilities of the crown to her son. “I have decided that now is the right time,” she said.

When she ascended the throne in 1972 after her late father, King Frederik IX, only 42% of Danes supported the monarchy. The most recent survey shows that 84% of Danes favor it to a high or some degree.

More:Invest

Recommend

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment

SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto

NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypt

Do you know these famous Aries signs? 30 celebrities with birthdays under the Zodiac sign

Strong-willed, courageous and carefree: these are just some of the traits often associated with the