- published: 14 May 2014
- views: 290479
Madrid (English /məˈdrɪd/, Spanish: [ma'ðrid]) is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan area is the third largest in the European Union after London and Paris. The city spans a total of 604.3 km2 (233.3 sq mi).
The city is located on the Manzanares river in the centre of both the country and the Community of Madrid (which comprises the city of Madrid, its conurbation and extended suburbs and villages); this community is bordered by the autonomous communities of Castile and León and Castile-La Mancha. As the capital city of Spain, seat of government, and residence of the Spanish monarch, Madrid is also the political centre of Spain. The current mayor is Ana Botella from the People's Party (PP).
Madrid urban agglomeration has the 3rd largest GDP in the European Union and its influences in politics, education, entertainment, environment, media, fashion, science, culture, and the arts all contribute to its status as one of the world's major global cities. Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre of Southern Europe and the Iberian Peninsula; it hosts the head offices of the vast majority of the major Spanish companies, such as Telefónica, Iberia or Repsol. Madrid is the most touristic city of Spain, the fourth-most touristic of the continent, and is the 10th most livable city in the world according to Monocle magazine, in its 2010 index. Madrid also ranks among the 12 greenest European cities in 2010. Madrid is currently a Candidate City for the 2020 Summer Olympics.
The Palacio Real de Madrid (The Royal Palace of Madrid) is the official residence of the Spanish Royal Family in the city of Madrid, but it is only used for state ceremonies. King Juan Carlos and the Royal Family do not reside in the palace, choosing instead the more modest Palacio de la Zarzuela on the outskirts of Madrid. The palace is owned by the Spanish State and administered by the Patrimonio Nacional, a public agency of the Ministry of the Presidency. The palace is located on Calle de Bailén (Bailén Street), in the Western part of downtown Madrid, East of the Manzanares River, and is accessible from the Ópera metro station. The palace is partially open to public, except when it is being used for official business.
In Spanish it is sometimes incorrectly called "Palacio de Oriente" by confusion with the "Plaza de Oriente", the square which is on the East (Oriental) side of the palace.
The palace is on the site of a 9th-century fortress, called mayrit, constructed as an outpost by Muhammad I of Córdoba and inherited after 1036 by the independent Moorish Taifa of Toledo. After Madrid fell to Alfonso VI of Castile in 1085, the edifice was only rarely used by the kings of Castile. In 1329, King Alfonso XI of Castile convoked the cortes of Madrid for the first time. Philip II moved his court to Madrid in 1561.