Treaty on Stability, Coordination and Governance in the Economic and Monetary Union

The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union is an agreement among eurozone countries to promote economic stability and responsible fiscal management. Key points include maintaining budget deficits within set limits, transparent economic policies, and coordinated efforts to prevent financial crises. It aims to ensure countries work together to keep the euro stable, avoid excessive debt, and promote sustainable growth, fostering trust among member states and strengthening the overall Eurozone economy.