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Economic and financial crisis: impact on towns and regions worse than thought!


Contrary to statements by EU and international institutions that 2010 will see an economic and financial improvement, Europe's local and regional authorities fear that 2010 will be as difficult as 2009 or even worse. This is the main finding of CEMR's second survey on the impact of the crisis on Europe's towns and regions. The survey was compiled from the data provided by 32 associations of local and regional government members of the Council of European Municipalities and Regions.

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