This volume, the fifth instalment of the classic Report on the European Union series, offers at once an economic and intellectual historical perspective on the creation of the euro and its 20 first years, a comprehensive review of the current and future challenges of the euro area, including a...

Chapter 1 - Europeanization Processes -- Chapter 2 - Administrative Procedures -- Chapter 3 - Participatory Government -- Chapter 4 - Local Governance Reforms -- Chapter 5 - Regionalization Reforms -- Chapter 6 - Re-centralization in Government.