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Back to all press releasesEuropean economy - 26.03.2009
Local and regional governments are best placed to help relaunch Europe's economy!
Local and regional governments are best placed to help relaunch Europe's faltering economy! That was the message from this week's meeting of the Executive Bureau of the Council of European Municipalities and Regions.(CEMR) in Athens (24th March), set out in a short communiqué on the impact of the crisis on Europe's local and regional authorities.
'Our citizens first look to their local government for help when they are in trouble during tough economic times" said Mayor of Vienna and President of CEMR, Michael Häupl. 'The pressures on us increase at such times, yet our financial resources are reduced by lower tax income, and cuts in financial grants and transfers from ...
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