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Madrid (, Spanish: [maˈðɾið]) is the capital and most-populous city of Spain. The city has almost 3.3 million inhabitants and a metropolitan area population of approximately 6.5 million. It is the second-largest city in the European Union (EU), surpassed only by Berlin, and its monocentric metropolitan area is the second-largest in the EU, surpassed only by Paris. The municipality covers 604.3 km2 (233.3 sq mi) geographical area.Madrid lies on the River Manzanares in the center of both the country and the Community of Madrid region, of which it is also the capital. 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. The mayor is José Luis Martínez-Almeida from the People's Party.
The Madrid urban agglomeration has the third-largest GDP in the European Union and its influence 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. Madrid is home to two world-famous football clubs, Real Madrid and Atlético Madrid. Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre and the leading economic hub of the Iberian Peninsula and of Southern Europe. It hosts the head offices of the vast majority of major Spanish companies, such as Telefónica, IAG or Repsol.
Milan | |
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Milan (, US also , Milanese: [miˈlãː] (listen); Italian: Milano [miˈlaːno] (listen)) is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after Rome. Milan served as the capital of the Western Roman Empire, the Duchy of Milan and the Kingdom of Lombardy–Venetia.
The city proper has a population of about 1.4 million while its metropolitan city has 3.26 million inhabitants. Its continuously built-up urban area, that stretches well beyond the boundaries of the administrative metropolitan city, is the fourth largest in the EU with 5.27 million inhabitants. The population within the wider Milan metropolitan area, also known as Greater Milan, is estimated at 8.2 million, making it by far the largest metropolitan area in Italy and the 3rd largest in the EU.Milan is considered a leading alpha global city, with strengths in the fields of art, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism. Its business district hosts Italy's stock exchange (Italian: Borsa Italiana), and the headquarters of national and international banks and companies. In terms of GDP, it has the second-largest economy among EU cities after Paris, and is the wealthiest among EU non-capital cities.
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