Princess Letizia of Spain attends "Ja-Ye Europe Enterprise Challenge 2011" competition inauguration at the NH Parque Avenidas Hotel on July 6, 2011 in Madrid, Spain.
(July 05, 2011 - Source: Carlos Alvarez/Getty Images Europe) see more angles »
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Queen Letizia of Spain Loose Blouse

Princess Letizia kept it casual yet chic in a gray silk blouse and white wide-leg pants at the Ja-Ye Europe Enterprise Challenge.