The Elcano Royal Institute for International and Strategic Studies is a think tank based in Madrid, Spain.
It was created on 26 November 2001 as private foundation, formed by the Ministries of Foreign Affairs, Economy, Defence and Education, Culture and Sport as well as the public railway company RENFE, also receiving the additional funding from PRISA, CASA, CEPSA, SEAT, Indra Sistemas, the SGAE; Telefónica and Zeltia. From Wikipedia