amending Article 136 of the Treaty on the Functioning of the European Union as regards a stability mechanism for Member States whose currency is the euro

Summary

Submission of a statement in accordance with Article 23 III GG: earliest possible government declaration and involvement of the Bundestag in future cases, ongoing participation of the Bundestag and the European Parliament in the implementation and design of the ESM, conditionality and individual case decisions, requirements for adjustment programs for affected states, enabling euro bonds, creditor participation of the private sector, coordination national budget and economic policies<br /> <br /> Reference: Amendment of Article 136 TFEU as regards a stability mechanism for Member States whose currency is the euro, under the simplified amendment procedure provided for in Article 48(6) TEU<br /> Council doc. 17620/10 [BR-Drs 872/10]

Machine translation from German. The official text remains authoritative.

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• 17/4883

  Drucksache · DE · 23 February 2011

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