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The Swedish line of succession: King Carl Gustaf with Crown Princess Victoria and her daughter, Estelle.

(CNN)The King of Sweden has reduced the number of family members who will continue to receive taxpayer funds, stripping five of his grandchildren of their royal highness status, according to an official statement.

The children will keep their titles of prince/princess and duke/duchess, but won’t be expected to perform royal duties, Fredrik Wersäll, marshal of the realm, said in a statement on the Swedish Royal Court’s website Monday. Read more by clicking here: CNN