Full text of the new EU treaty

Read the full version of the EU's Treaty on Stability, Coordination and Governance in the Economic and Monetary Union.

31st January, 2012
Full text of the new EU treaty
"Bearing in mind that the need for governments to maintain sound and sustainable public finances."

CONSCIOUS of the obligation of the Contracting Parties, as Member States of the European Union, to regard their economic policies as a matter of common concern.

DESIRING to promote conditions for stronger economic growth in the European Union and, to that end, to develop ever-closer coordination of economic policies within the euro area.

BEARING IN MIND that the need for governments to maintain sound and sustainable public finances and to prevent a government deficit becoming...

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