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Between 2008 and 2013, 6,526 commercial establishments closed in the Madrid region, according to the Business Directory published by the National Statistics Institute (INE). In late 2013 there were 69,082 stores in the city, a 8.6-percent decline from 2008, the year the crisis officially began. Shown here, a closing down sign on a storefront window on General Ricardos street.
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Shutting up shop in Madrid

Lease hikes, fewer customers and the end of rent controls are among the reasons the capital’s small businesses are closing

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