The paper analyses the EU fiscal rules from a political economy perspective and derives some policy lessons. Following a literature survey, the paper stresses the importance of appropriate incentives for rule compliance in an environment where national fiscal sovereignty precludes the option of...

Starting from an overview of the political background of the Kosovo issue, rooted in Serb and Albanian history, the paper then describes the main features of the current situation: "nothing more than autonomy" from one side, "nothing less than independence" for the other. Against this...