This paper examines the role of political alignment and the electoral business cycle on municipality revenues in Greece for the period 2003-2010. A panel dataset combining local and national elections with local budgets is used to run a fixed-effects econometric model. The findings suggest that...

Fiscal consolidation in Greek and German local governments differs for many reasons. While some German local governments experienced a long period of austerity, driven by economic decline and federal and state measures, the global financial crisis and "troika" programme caused the need for harsh...

The decentralization process that has been introduced during the last decades in Greece, along with initiatives co-funded by the EU, forms a different context for the Greek society. This provides the ground for an academic and political dialog concerning the ability of local societies to...