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By Balazs Koranyi COPENHAGEN (Reuters) - Europe's political center left, bruised by election defeats and self-flagellation, needs to accept austerity and the end of the "good times" but stand up for the continent's welfare model, some of its leading thinkers said on Friday. Budgets may be strained and there is no way around spending cuts, but the left should focus support on the most needy and on sectors where public money has the biggest impact, center-left politicians and intellectuals agreed at a conference in Denmark. ...More...