[lwptoc]
Madrid is a city in southwestern Europe that serves as the capital of Spain and the main municipality in the Comunidad de Madrid. The city has a population of around 3.2 million people, with a metropolitan area population of approximately 6.5 million. It is the third-largest city in the European Union after London and Berlin, and its metropolitan area is the third-largest after London and Paris.
The Madrid metropolitan agglomeration boasts the European Union’s third-largest GDP, and its impact in politics, education, entertainment, the environment, media, fashion, science, culture, and the arts all contribute to its standing as one of the world’s major global cities.
Madrid is regarded the key financial capital of Southern Europe and the Iberian Peninsula due to its economic production, high level of life, and market size. It is home to the headquarters of the great majority of important Spanish corporations, including Telefónica, Iberia, and Repsol. According to Monocle magazine’s 2014 assessment, Madrid is the 17th most livable city in the world.
While Madrid boasts contemporary infrastructure, many of its ancient neighborhoods and streets have been conserved. Its landmarks include the Royal Palace of Madrid, the Royal Theatre with its restored 1850 Opera House, the Buen Retiro Park (founded in 1631), the 19th-century National Library building (founded in 1712) containing some of Spain’s historical archives, numerous national museums, and the Golden Triangle of Art, which includes three art museums: the Prado Museum, the Reina Sofa Museum, a museum of modern art, and the Thyssen-Bornemisza Cibeles Palace and Fountain have become the city’s monument icon.
Real Madrid and Atlético de Madrid are two world-famous football clubs based in Madrid.