Amedeo Fossati & Giorgio Panella 
Fiscal Federalism in the European Union [PDF ebook] 

To what extent should local and regional governments in the European Union be allowed to determine their own fiscal policies?
This book explores the core issues of fiscal federalism in the European context. It combines theoretical and empirical analysis in addressing such questions as:
* what sort of fiscal federalism is appropriate in the European Community
* what are the dangers of more centralization
* what are the costs of greater decentralization