Amedeo Fossati is Professor of Public Finance at the University of Genova. Giorgio Panella is Professor of Public Economics at the University of Pavia.

• PART I Europe and fiscal federalism 1 A comparative view of local finances in EU member countries: are there any lessons to be drawn? 2 Developing fiscal federalism in Eastern Europe 3 Stabilisation policy in the European Monetary Union and fiscal federalism PART II The state of fiscal federalism in Europe 4 Fiscal federalism in Austria: facts and new Developments 5 Local government in Denmark 6 Local taxation and intergovernmental fiscal relations in France 7 Experiences with German fiscal federalism: how to preserve the decentral content? 8 Local governments in Great Britain 9 Towards fiscal federalism in Italy 10 Fiscal federalism in Spain. Decentralisation: an unfinished task 11 Fiscal federalism in Switzerland: a survey of constitutional issues, budget responsibility and equalisation

Amedeo Fossati is Professor of Public Finance at the University of Genova. Giorgio Panella is Professor of Public Economics at the University of Pavia.

• PART I Europe and fiscal federalism 1 A comparative view of local finances in EU member countries: are there any lessons to be drawn? 2 Developing fiscal federalism in Eastern Europe 3 Stabilisation policy in the European Monetary Union and fiscal federalism PART II The state of fiscal federalism in Europe 4 Fiscal federalism in Austria: facts and new Developments 5 Local government in Denmark 6 Local taxation and intergovernmental fiscal relations in France 7 Experiences with German fiscal federalism: how to preserve the decentral content? 8 Local governments in Great Britain 9 Towards fiscal federalism in Italy 10 Fiscal federalism in Spain. Decentralisation: an unfinished task 11 Fiscal federalism in Switzerland: a survey of constitutional issues, budget responsibility and equalisation

Amedeo Fossati is Professor of Public Finance at the University of Genova. Giorgio Panella is Professor of Public Economics at the University of Pavia.

• PART I Europe and fiscal federalism 1 A comparative view of local finances in EU member countries: are there any lessons to be drawn? 2 Developing fiscal federalism in Eastern Europe 3 Stabilisation policy in the European Monetary Union and fiscal federalism PART II The state of fiscal federalism in Europe 4 Fiscal federalism in Austria: facts and new Developments 5 Local government in Denmark 6 Local taxation and intergovernmental fiscal relations in France 7 Experiences with German fiscal federalism: how to preserve the decentral content? 8 Local governments in Great Britain 9 Towards fiscal federalism in Italy 10 Fiscal federalism in Spain. Decentralisation: an unfinished task 11 Fiscal federalism in Switzerland: a survey of constitutional issues, budget responsibility and equalisation