According to The New York Times:
You know a monarchy is in trouble when the queen is jeered at the Royal Theater, of all places…. This happened to Queen Sofía of Spain last year in Madrid — a scene then repeated elsewhere…
What is astonishing about this turn of events is that the Spanish monarchy was once deemed rock-solid.
The financial crisis…has made Spaniards angry at the establishment and hypersensitive to the misuse of public money. That’s why, after they heard that the king’s son-in-law was being investigated for fraud on a grand scale, their blood boiled. Public esteem for the monarchy started to decline.
To read the entire op-ed in The New York Times, please click here.