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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