Madrid Creates One in Five New Companies in the Country: 77 a Day

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Madrid's economy continues to mark milestones: Madrid has again seen its annual rate of start-up of new companies grow, with 2.3 percent in August, a month that is not too favourable to activity of any kind in the region, due to the torrid Madrid summers.According to the data provided by the INE, 1,437 new companies emerged that month in Madrid. So far this year, they already total more than 18,000 and account for 20 percent of the total of thos…