"The Prince of Serbia and Yugoslavia, Peter Karadjordjevic, announced that he had "abdicated" and transferred his potential rights to his brother, Prince Philip.
"It is in the interest of the dynasty that the heir prince lives with his family in Serbia, among our people. And my brother, Prince Filip, linked his life and the life of his family to our homeland, where after nine decades the first male member of the Karadjordjevic dynasty was born, my brother's successor, Prince Stefan, "said Peter Karadjordjevic in a statement.
He added that he continues his life in Seville, as well as not to renounce the rights arising from the right to inherit the name, member of the royal house, title Karadjordjevic and other rights and obligations that law and tradition give and impose to a family member.
"I renounce all rights and prerogatives that belong to me on the basis of the birthright in the line of elders of the royal house of Serbia and Yugoslavia. By the act of abdication, I renounce myself and all my descendants who were born or will be born in a marital relationship or out of wedlock ", added Peter Karađorđević.
He added that he officially informed his father, Prince Alexander and Patriarch of the Serbian Orthodox Church Porphyry, about his "unwavering decision"."
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https://hr.n1info.com/regija/petar-karadordevic-abdicirao-i-svoja-prava-prenio-na-princa-filipa/
His cousin Prince Mihailo:
""I fully support the decision of my cousin Peter to transfer his duties, rights and obligations to Filip. I deeply believe that Filip will give an exceptional contribution to our country, our people and our society with his life in Serbia and his efforts. Over the past years, I have had the opportunity to be convinced of Filip's sincere intentions and true concern for the progress of our people, in Serbia and abroad. Ljubica and I will continue, as before, to give our support to Filip and Danica in order to work together for the common good and progress. "
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