Since the provisions of the TEU and TFEU do not confer any specific power on the EU to establish a stability mechanism of the kind envisaged by Decision 2011/199, the Member States whose currency is the euro are entitled to conclude an agreement between themselves for the establishment of a stability mechanism.
’Kuna ELLi ja ELTLi sätted ei anna liidule eripädevust asutada sellist stabiilsusmehhanismi, nagu on ette nähtud otsusega 2011/199, on liikmesriigid, mille rahaühik on euro, pädevad sõlmima omavahel lepingu stabiilsusmehhanismi asutamiseks.