The continuation of Misner space into the Euclidean region is seen to imply the topological restriction that the period of the closed spatial direction becomes time-dependent. This restriction results in a modified Lorentzian Misner space in which the renormalized stress-energy tensor for quantized complex massless scalar fields becomes regular everywhere, even on the chronology horizon. A quantum-mechanically stable time machine with just the sub-microscopic size may then be constructed out of the modified Misner space, for which the semiclassical Hawking's chronology protection conjecture is no longer an obstruction.