In a significant transition for Luxembourg, Grand Duke Henri abdicated his position on Friday, passing the mantle to his son, Guillaume. The abdication marks a new chapter for the European duchy, steeped in tradition, with Guillaume set to become its seventh grand duke since the modern monarchy's founding in 1890.

The 43-year-old Guillaume, educated in France and Switzerland and with experience in international firms, will be crowned in a ceremony later today. His ascension underscores the constitutional and ceremonial functions he will perform as Luxembourg's head of state, a symbolic leader akin to kings in other European nations.

The abdication ceremony is attended by royals from the Netherlands and Belgium, alongside political figures like French President Emmanuel Macron. As a finan

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