Princess Letizia of Spain attends "Caja Madrid Foundation Grants" ceremony at San Fernando museum on May 16, 2012 in Madrid, Spain.
(May 15, 2012 - Source: Carlos Alvarez/Getty Images Europe) see more angles »
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Queen Letizia of Spain Tunic

Princess Letizia looked effortlessly chic in a black-and-white tunic and gray slacks during the Caja Madrid Foundation Grants ceremony.
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