Princess Letizia of Spain receives Spanish Olympic Team at El Pardo Palace on July 23, 2012 in Madrid, Spain.
(July 22, 2012 - Source: Carlos Alvarez/Getty Images Europe) see more angles »
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Queen Letizia of Spain Mini Dress

Princess Letizia was casual yet fab in a nude mini dress with sheer sleeves and an oversize belt while receiving the Spanish Olympic Team at El Pardo Palace.