CHAIR OF THE COUNCIL OF MINISTERS

Proposal for Resolution No 30 /XII

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

Monetary between the Kingdom of Belgium, the Republic of Bulgaria, the Kingdom of Denmark, the

The Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the

Kingdom of Spain, the French Republic, the Italian Republic, the Republic of Cyprus, the

Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Hungary,

Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the

Portuguese Republic, Romania, the Republic of Slovenia, the Slovak Republic, the

Republic of Finland and the Kingdom of Sweden, was signed on March 2, 2012, in

Brussels.

The present Treaty reflects the decision of the Heads of State or Government of the euro area

of December 9, 2011 to strengthen the economic pillar of the Economic and Monetary Union

with a view to pursuing the goals of financial stability and economic growth

in the European Union.

Framed in the economic and budgetary policy pursued at the European level,

specifically the Stability and Growth Pact, the Pact for the Euro More and the

European semester, enshrines greater budgetary discipline and policy coordination

economic.

On the one hand, the adoption of a budget balance rule, coupled with a

automatic procedure of adopting corrective measures, the execution of programs of

economic and financial partnership and the possibility of the application of financial penalties by the

Court of Justice of the European Union in the event of excessive deficit, as well as the rule for

reduction of excessive public dilife, substantiate decisive measures to ensure the

CHAIR OF THE COUNCIL OF MINISTERS

Proposal for Resolution n.

sustainability of national public finances.

On the other hand, the prior discussion and coordination of structural policy reforms

economic allows for greater convergence and competitiveness gains, with a view to the

promotion of growth, employment and social cohesion.

For better governance of the euro area, the structure of

functioning of the Economic and Monetary Union, through the summits of Heads of

State or Government of the euro area and the involvement of national parliaments and the

European Parliament.

Associated with the creation of the European Stability Mechanism, whose capacity for assistance

financial enables the financial stabilization of member states, this Treaty assures

budgetary discipline necessary for financial stability in the Economic and Monetary Union.

Thus:

Under the terms of the paragraph d) of Article 197 (1) of the Constitution, the Government presents to the

Assembly of the Republic the following motion for a resolution:

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

Monetary between the Kingdom of Belgium, the Republic of Bulgaria, the Kingdom of Denmark, the

The Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the

Kingdom of Spain, the French Republic, the Italian Republic, the Republic of Cyprus, the

Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Hungary,

Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the

Portuguese Republic, Romania, the Republic of Slovenia, the Slovak Republic, the

Republic of Finland and the Kingdom of Sweden, signed in Brussels on March 2, 2012,

whose text, in the authenticated version in Portuguese language, publishes in annex.

Seen and approved in Council of Ministers of March 22, 2012

CHAIR OF THE COUNCIL OF MINISTERS

Proposal for Resolution n.

The Prime Minister

The Minister of State and Foreign Affairs

The Deputy Minister and Parliamentary Affairs