The Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro

This procedure concerns an amendment to the Treaty on the Functioning of the European Union to establish a formal stability mechanism. It aims to provide a structured way to support Member States using the euro during financial crises, ensuring the overall stability of the Economic and Monetary Union.

This change primarily affects euro area countries and financial supervisors. It seeks to better coordinate monetary policies and manage public deficits to prevent economic instability from spreading across the single currency zone.