In this issue:

Local Authorities: “The harmonized accounting system for Municipalities and the control of public finance” by Alessandro Petretto (University of Firenze)

Local Authorities: “The Euro-compatibility of balance and the new accounting system: a proposal for a two-legged stability pact” by Massimiliano Ferraresi (University of Ferrara) and Leonzio Rizzo (University of Ferrara & IEB, Barcelona)

Local Authorities: “The test the new harmonized accounting system by Municipalities” by Andrea Taddei (Assessor for the Budget, Municipality of Empoli)

– Local Authorities: “The Court of Auditors’ control of local finance in Tuscany” by Paolo Peluffo and Susanna Fornaciari (Court of Auditors of Tuscany)

Europe: “The fiscal rules of the European Union: straightjacket or guiding star?” by Giancarlo Pola (Eupolis Lombardia)

Activities and News: “Initiatives”, “Publications”