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March 15, 2020 22.11 King Felipe VI of Spain renounces the legacy of his father, Juan Carlos. The royal house reports it: the fund destined for him is allocated in the budget. Felipe VI "wants it to be publicly known that His Majesty King Juan Carlos is aware of his decision to renounce the inheritance and any business, investment or financial structure whose origin, characteristics or purpose may not comply with the legality or criteria of righteousness and integrity that regulate its institutional and private activity ".