Giulio M. Salerno

National limits and constraints to the financial autonomy of the Regions

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Abstract

A plurality of state laws invoke reasons of budgetary constraints to condition the activities of the Region and of the municipalities. These constraints are analyzed in this article by distinguishing between constraints that are linked to the overall constitutional system and constraints that have a direct financial implication. The article then analyzes the jurisprudence of the Constitutional Court to identify its major trend. Finally, by taking into account the recent constitutional reform introducing a balanced budget requirement in the Constitution, the article advances a possible way to rationalize the abovementioned limits and constraints.

Keywords

  • Budget
  • financial autonomy
  • fiscal coordination
  • limits and constraints

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