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IE Business School (formerly Instituto de Empresa) has its main campus on the border of the Chamartín and Salamanca districts of Madrid. [104], Regarding religious beliefs, according to a 2019 Centro de Investigaciones Sociológicas (CIS) survey with a sample size of 469 respondents, 20.7% of respondents in Madrid identify themselves as practising Catholics, 45.8% as non-practising Catholics, 3.8% as believers of another religion, 11.1% as agnostics, 3.6% as indifferent towards religion, and 12.8% as atheists. However, except the R-3, they do not end close to the M-30 innermost ring road, as the R-2 finishes in the M-40, the R-4 in the M-50 and the R-5 in the M-40. Retrieved 18 September 2018: CS1 maint: DOI inactive as of January 2021 (, Cushman & Wakefield, European Cities Monitor, 2011, Learn how and when to remove this template message, Museo Nacional Centro de Arte Reina Sofía, Royal Academy of Fine Arts of San Fernando, Consorcio Regional de Transportes de Madrid, Ministry of Foreign Affairs, European Union and Cooperation, Spanish Agency for International Development Cooperation, International Youth Organism for Iberoamerica, Ibero-American Organization of Social Security, International Organization of Securities Commissions, International Commission for the Conservation of Atlantic Tunas, United Nations Educational, Scientific and Cultural Organization, United Nations Human Settlements Programme, List of predilect and adoptive sons and daughters of Madrid, "Population on 1 January by age groups and sex - functional urban areas", "Sub-national HDI - Area Database - Global Data Lab", "Variación de la -/d/ final de palabra en Madrid: ¿prestigio abierto o encubierto? [184], The cocido madrileño, a chickpea-based stew, is one of the most emblematic dishes of the Madrilenian cuisine. [40] The 1123 Charter of Otorgamiento established the first explicit limits between Madrid and Segovia, namely the Puerto de El Berrueco and the Puerto de Lozoya. Benefiting from increasing prosperity in the 1980s and 1990s, the capital city of Spain consolidated its position as an important economic, cultural, industrial, educational, and technological centre on the European continent. Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre[17] and the leading economic hub of the Iberian Peninsula and of Southern Europe. Madrid's bullfighting season begins in March and ends in October. During the 1930s, Madrid enjoyed "great vitality"; it was demographically young, becoming urbanized and the centre of new political movements. [154] Since 2018, the region is also home to Netflix's Madrid Production Hub, Mediapro Studio, and numerous others such as Viacom International Studios. Other notable buildings include the Bank of Spain, the neo-Gothic Almudena Cathedral, Atocha Station, and the Catalan art-nouveau Palace of Longoria. Both the residences of the Head of State and Government are located at the northwest of the city. Its less favourable characteristics were seen as pollution, languages spoken, and political environment. [240], In terms of longer-distance transport, Madrid is the central node of the system of autovías, giving the city direct fast road links with most parts of Spain and with France and Portugal. It is also the principal venue for orchestras on tour playing in Madrid. In 2011 services accounted for 85.9% of value added, while industry contributed 7.9% and construction 6.1%. [72] Meat and fish consumption was scarce, and starvation and lack of proteins were a cause of high mortality. The highest recorded temperature was on 24 July 1995, at 42.2 °C (108.0 °F), and the lowest recorded temperature was on 16 January 1945 at −15.3 °C (4.5 °F). [213], Madrid's Pride Parade began in 1977, in the Chueca neighbourhood, which also marked the beginning of the gay, lesbian, transgender, and bisexual rights movement after being repressed for forty years in a dictatorship. [189], Madrid is reputed to have a "vibrant nightlife". The King of Spain, whose functions are mainly ceremonial, has his official residence in the Zarzuela Palace. [87] The city also grew through the annexation of neighbouring urban settlements,[87] including those to the South West on the right bank of the Manzanares. The main annual international events held in Madrid are: Madrid is home to La Liga football club Real Madrid, who play their home games at the Santiago Bernabéu. The Bank of Spain is one of the oldest European central banks. [80] By 2005, Madrid was the leading European destination for migrants from developing countries, as well as the largest employer of non-European workforce in Spain. Covering a total area of 4.7 km2 (1.8 sq mi), it is sub-divided in a 3.4 km2 (1.3 sq mi) forest park (the Parque forestal de Valdebebas-Felipe VI [es]), a 0.8 km2 (0.31 sq mi) periurban park as well as municipal garden centres and compost plants.[132]. As consequence of the spillover of the 2008 financial and mortgage crisis, Madrid has been affected by the increasing number of second-hand homes held by banks and house evictions. [139]:375, The construction of transport infrastructure has been vital to maintain the economic position of Madrid. 18 It also had, as of 2018, an estimated 20,217 tourist apartments.[147]p. [140] In 2011 the city itself had a GDP per capita 74% above the national average and 70% above that of the 27 European Union member states, although 11% behind the average of the top 10 cities of the EU. Almost half of all journeys in the metropolitan area are made on public transport, a very high proportion compared with most European cities. The Plenary of the Ayuntamiento is the body of political representation of the citizens in the municipal government. At the second half of the 9th century,[37] Cordobese Emir Muhammad I built a fortress on a headland near the river Manzanares,[38] as one of the many fortresses he ordered to be built on the border between Al-Andalus and the kingdoms of León and Castile, with the objective of protecting Toledo from the Christian invasions and also as a starting point for Muslim offensives. [135] Its benchmark stock market index is the IBEX 35. The club is one of the most widely supported teams in the world and their supporters are referred to as madridistas or merengues (Meringues). Madrid Aeropuerto)", "Guía resumida del clima en España (1981–2010)", "Monthly weather forecast and climate - Madrid, Spain", "HISTORIALIA – Presa de El Atazar. El Retiro is the most visited location of the city. The special Airport Express Shuttle line connecting the airport with the city centre features distinctively yellow buses. Most nightclubs liven up by 1:30 .mw-parser-output span.smallcaps{font-variant:small-caps}.mw-parser-output span.smallcaps-smaller{font-size:85%}a.m.and stay open until at least 6 a.m.[191]. The M-50, the Madrid's outer ring road, connects municipalities and cities in the metropolitan area, like Fuenlabrada, Móstoles, Getafe, Leganés in the South and Boadilla del Monte and Las Rozas in the West. Madrid is administratively divided into 21 districts, which are further subdivided into 131 neighbourhoods (barrios): Madrid is the capital of the Community of Madrid. It is the busiest Spanish road, famous for its traffic jams. [139]:72–75 Also important to the city's economy is Madrid-Barajas Airport, the fourth largest airport in Europe. [139]:52 It is the second metropolis in the EU by population, and the third by gross internal product. Originally named as the Bank of San Carlos as it was founded in 1782, it was later renamed to Bank of San Fernando in 1829 and ultimately became the Bank of Spain in 1856. Although based in Barcelona, both IESE Business School and ESADE Business School also have Madrid campuses. [73] As the protracted right-wing despise towards the city nurtured during the Second Republic turned up to eleven during the war, the victors toyed with the possibility of moving the capital elsewhere (most notably to Seville), yet such plans did not materialize, and the Francoist regime conducted then an attempt to resignificate the city, stemming from the Spanish Imperial ideal. Its landmarks include the Plaza Mayor, 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; many national museums,[25] and the Golden Triangle of Art, located along the Paseo del Prado and comprising three art museums: Prado Museum, the Reina Sofía Museum, a museum of modern art, and the Thyssen-Bornemisza Museum, which complements the holdings of the other two museums. Madrid has been one of the great centres of Spanish literature. Madrid was the scene of some of the most important events of the time, such as the mass demonstrations of support for democracy after the failed coup, 23-F, on 23 February 1981. In 1836, during the reign of Isabel II, the University was moved to Madrid, where it took the name of Central University and was located at San Bernardo Street. [124] Having an area bigger than 1.4 km2 (0.5 sq mi) (350 acres), it is the largest park within the Almendra Central, the inner part of the city enclosed by the M-30. [207] Isidro was beatified in 1619 and the feast day set on 15 May[208] (he was finally canonized in 1622). Their supporters are referred to as colchoneros (The Mattressers), in reference to the team's red and white jersey colours. It also hosts major international regulators and promoters of the Spanish language: the Standing Committee of the Association of Spanish Language Academies, headquarters of the Royal Spanish Academy (RAE), the Instituto Cervantes and the Foundation of Urgent Spanish (Fundéu BBVA). Construction of affordable housing failed to keep pace and increased political instability discouraged economic investment in housing in the years immediately prior to the Civil War. As the capital city of Spain, seat of government, residence of the Spanish monarch, Madrid is also the political, economic and cultural centre of the country. [191] Some of the highlight bustling locations include the surroundings of the Plaza de Santa Ana, Malasaña and La Latina (particularly near the Cava Baja [es]). Although born in Las Palmas de Gran Canaria, realist writer Benito Pérez Galdós is credited with making Madrid the setting for many of his stories, underpinning what has come to be known as the Madrid Galdosiano. / Provincia – Address in Spain / Building number / Apartment number / City / Postal code / Province (remember Madrid is both the city and the province) Teléfono móvil / Email – mobile phone / Email [64] The tertiary sector, including banking, insurance and telephone services, grew greatly. Some of the most important ones were the Viaje de Amaniel [es] (1610–1621, sponsored by the Crown), the Viaje de Fuente Castellana [es] (1613–1620) and Abroñigal Alto [es]/Abroñigal Bajo [es] (1617–1630), sponsored by the City Council. The presidency of the regional government is headquartered at the Royal House of the Post Office, at the very centre of the city, the Puerta del Sol. During these challenging times we are offering complete flexibility by relaxing the change and refund conditions for all fares and flights to help you with your trip.. We recommend you to also check the institute responsible for the official postal code of Spain. The first democratic mayors belonged to the centre-left PSOE (Enrique Tierno Galván, Juan Barranco Gallardo). However, the economy of the city is now becoming more and more dominated by the service sector. The Duke of Berwick ordered the construction of the Liria Palace. [83][84], Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. State Education in Spain is free, and compulsory from 6 to 16 years. However, during the Francoist dictatorship the carnival was under government ban and the feasts suffered a big blow. The Teatro Real is the main opera house in Madrid, located just in front of the Royal Palace, and its resident orchestra is the Madrid Symphony Orchestra. [139]:51 Following the recession commencing 2007/8, recovery was under way by 2014, with forecast growth rates for the city of 1.4% in 2014, 2.7% in 2015 and 2.8% in 2016. The television network and media production company, the largest in Spain, Mediaset España Comunicación (Telecinco, Cuatro) maintains its headquarters in Fuencarral-El Pardo district. In addition, the museum has a reproduction of the polychromatic paintings in the Altamira Cave. Clock-wise starting from the north: the A-1 (Madrid–Irún–French border), A-2 (Madrid–Zaragoza–Barcelona–French border), A-3 (Madrid–Valencia), A-4 (Madrid–Córdoba–Sevilla–Cádiz), A-5 (Madrid–Badajoz–Portuguese border) and the A-6 (Madrid–A Coruña). The education system is called LOE (Ley Orgánica de Educación).[222]. The lines are named: C-1, C-2, C-3, C-4, C-5, C-7, C-8, C-9, C-10, respectively. [193], The city has venues for performing alternative art and expressive art. The demographic boom accelerated in the late 1990s and early first decade of the 21st century due to immigration in parallel with a surge in Spanish economic growth. [148] In the Sol neighborhood (part of the latter district), 3 out of 10 homes are dedicated to tourist apartments,[148] and 2 out of 10 are listed in AirBnB. The headquarters of both the Directorate-General of the Police and the Directorate-General of the Civil Guard are located in Madrid. Other concert venues for classical music are the Fundación Joan March and the Auditorio 400, devoted to contemporary music. The Atresmedia group (Antena 3, La Sexta, Onda Cero) is headquartered in nearby San Sebastián de los Reyes. [139]:79–80 Madrid-Barajas Airport has 4 Terminals and also the terminal 4S, called Satellite terminal, this terminal is 2 kilometres (1.2 miles) from the terminal 4 and connected by an Automated People Mover System (AMP) train. It is owned by the Madrid City Council and operated by Madrid Calle 30, S.A. The academy is also the headquarters of the Madrid Academy of Art.[n. All those positions are held by municipal councillors.[109]. Cafés include the retro café Lolina and bohemian cafés La Ida, La Paca and Café de la Luz in Malasaña, La Piola in Huertas and Café Olmo and Aguardiente in Lavapiés. The Gran Vía was built using different styles that evolved over time: French style, eclectic, art deco, and expressionist.

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