Darvas, Zsolt - Matematikai Közgazdaságtan és Gazdaságelemzés, … - 2010
The euro area is facing crisis, while the US is not, though the overall fiscal situation and outlook is better in the … euro area than in the US, and though the US faces serious state-level fiscal crises. A higher level of fiscal federalism … would strengthen the euro area, but is not inevitable. Current fiscal reform proposals (strengthening of current rules, more …