870c620346f86f8c0f127f00_tb0526c.jpg Tim Brinton

Europe’s Federalism Debate Revived

It is an old debate, but tensions within the euro area have revived it: can a monetary union survive without some form of fiscal federalism? If not, what kind of federalism is right for Europe?

BRUSSELS – It is an old debate, but tensions within the euro area have revived it: can a monetary union survive without some form of fiscal federalism?

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