Queen Margrethe II of Denmark has announced her intention to abdicate the throne after 52 years of service, paving the way for her son, Crown Prince Frederik, to take the reins of the country's monarchy. The Queen made the announcement during her annual New Year's Eve address, citing the 52nd anniversary of her own accession to the throne as the date of her abdication. Queen Margrethe will step down on January 14, 2024, marking the end of an era and the beginning of a new one with Crown Prince Frederik as the new monarch.
