Na inicijativu EU, Pakt stabilnosti osnovan je u junu 1999. s ciljem jačanja napora zemalja jugoistočne Evrope (JIE) u promoviranju mira, demokratije i ekonomskog prosperiteta u periodu nakon sukoba na Kosovu.
At the initiative of the EU, the Stability Pact was established in June 1999 with the goal of strengthening Southeast European (SEE) countries' efforts in promoting peace, democracy and economic prosperity in the wake of the Kosovo conflict.