Europe's new fiscal union

“This book contributes to our deeper understanding of the fiscal architecture that emerged during and in the wake of euro area crisis. It provides an important example of how economic and monetary union may lay the foundation a better understanding of ‘differentiation’ in the European Union (EU). The book details what it takes to travel along the path towards more fiscal centralisation in the EU. It is a must read for anyone with an interest in the future of fiscal Europe.” —Amy Verdun, Jean Monnet Chair Ad Personam, Distinguished Lansdowne Fellow in European Integration & University of Victoria, Canada.