The capital city of Spain is also its largest. Not only is Madrid the capital of the country. This great and very historic city also serves as Iberian Peninsula’s most significant financial center. It can be inferred that almost all types of financial transactions can be found and transacted in Madrid. Its financial role makes Madrid an important city in not just in the country, but also in the whole European region. The Iberian Peninsula is composed of course of Spain, Gibraltar, Andorra and Portugal. Thus, Madrid is considered an important city in the whole of Europe.
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