Dutch King Willem-Alexander succeeds mother Beatrix

AMSTERDAM (REUTERS) - Queen Beatrix of the Netherlands abdicated on Tuesday, handing over to her eldest son, Willem-Alexander, who became the first King of the Netherlands in over 120 years.

Thousands of well-wishers had gathered in Amsterdam's Dam Square since early on Tuesday morning, waiting to see the new King and his wife, Queen Maxima, when they step out on the balcony of the Royal Palace.

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