這個財政契約,正式名稱是《歐洲貨幣聯盟穩定、合作和治理條約》(Treaty on Stability, Coordination, and Governance in the Economic and Monetary Union),是作為德國批准歐洲穩定機制(European Stability Mechanism,ESM,實質上是集體援助計畫)交換物簽訂的。該契約設置了嚴格的國家結構性預算赤字上限,並規定對於占GDP的60%以上部分的公共債務,每年必須削減當前比率和目標比率差額的十二分之一。
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