At a military ceremony fit for royalty, Spanish King Juan Carlos and Crown Prince Felipe attend their first public event since the announcement of the King's abdication.<br/> <br />The El Escorial monastery and former royal palace hosted the father and son with grand pomp and circumstance.<br/> <br />The king is said to be stepping down for personal reasons, but a royal palace source says political factors drove the decision.<br/> <br />Spaniards have been growing unhappy with the country's political elite and the scandal-hit monarchy.<br/> <br />To help facilitate the abdication, Spanish Prime Minister Mariano Rajoy held a cabinet meeting Tuesday.<br/> <br />Spain does not have a law that regulates abdication and succession.<br/> <br />The transition will probably be done by passing a law in parliament, where Rajoy's party has the majority.<br/> <br />Back at El Escorial, the 76-year-old king looked frail in contrast to 46-year-old Felipe.<br/> <br />A recent poll showed high approval ratings for the prince.<br/> <br />It also i
