The political protocol backing the ratification of the EU agreement aimed to maintain the stability of the Economic and Monetary Union was signed by the leaders of the country’s four ruling parties.

Prime Minister Mihai Razvan Ungureanu was also present at the meeting, which took place at the Parliament.

The ruling coalition agreed Tuesday to adopt the EU fiscal stability treaty through parliamentary procedures, people familiar with the matter told MEDIAFAX.

According to the sources, the treaty will be adopted through a special bill that will be put to the vote in parliament. Transposing the treaty’s provisions into Romania’s Constitution would be difficult, as the opposition is against revising the fundamental law before parliamentary elections, the sources added.

Ruling coalition parties will also propose that the head of state and the prime minister be empowered to sign the treaty at EU level.

Ruling party leaders said Monday, after talks with President Traian Basescu, the coalition will sign a protocol aimed to support the ratification of the fiscal stability pact, and added that the opposition is welcome to join the protocol.

Basescu said Monday the treaty should be signed by March 1, and Romania can no longer delay a decision on the matter.

End-January 2012, EU member states, except the UK and the Czech Republic, adopted a new treaty meant to strengthen budgetary discipline in the EU by applying several golden rules.