March 18, 2010, 9:09 CET
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Local government minister urges new economic model
Hungary's Local Government Minister has called for crafting a new economic model for managing the social crisis that emerged from the global economic crisis.
Attending a two-day informal meeting with his EU colleagues in Malaga, Zoltan Varga told MTI on Wednesday that the new model must incorporate sustainable, innovative and knowledge-based components and be in line with the European Union's cohesion policy.
Varga stressed that local and regional councils must be given a bigger role in working out and implementing the model.
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