Euroopa stabiilsusmehhanismi asutamislepingu ratifitseerimise ja rakendamise seaduse muutmise seadus

This Estonian law amends the national act that ratifies and implements the treaty establishing the European Stability Mechanism (ESM). The ESM is the euro area's permanent crisis fund, which can provide financial assistance to member states facing severe financing problems. The amendment changes how Estonia's ratification and implementation rules operate. This summary is based on the title and metadata only, not the full text. The change mainly concerns the Estonian state, the Ministry of Finance, and the Riigikogu's oversight of Estonia's ESM commitments. It may also affect Estonian taxpayers and public finances, since Estonia contributes capital to the mechanism. The exact scope of the changes requires reading the full bill.