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It’s not all bad news on the streets of Madrid. The economic crisis is stirring a new generation of young, creative entrepreneurs into action – and the city is undergoing a refreshing and very visible transformation as a result. As bold new retail, hospitality and co-working initiatives turn traditional concepts on their head, Monocle sits down with some of the progressive voices leading the charge.

Photo Credit: A screen shot of Monocle's video segment about shop and cafe owners in Madrid, Spain. Monocle