The purpose of this law change affecting the scope of the Slovak authorities is to ensure fiscal responsibility in the European Union through a national law which amends the competence of Slovak Republic's bodies in the process of execution of certain rights and obligations arising from the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. Measures and procedures to strengthen fiscal responsibility and economic policy coordination in the EMU under that Treaty should be fully in accordance with the laws of the Slovak Republic.