Similar protests are staged in several Romanian counties.

On Wednesday, the European Trade Union Confederation (ETUC) has organized demonstrations in all EU member states to denounce the measures stated by the treaty and propose solutions for new jobs and social justice.

Protests are staged ahead of the European Summit to take place on March 1 and 2.

“Cartel Alfa” union leader Bogdan Hossu said the signing by Romania of the fiscal stability treaty will impact investments, which will deepen the crisis and prolong recession.

Romania’s Government on Tuesday approved the signing by the country of the fiscal stability treaty agreed upon by European Union leaders with a view to strengthening budgetary discipline in the EU.

Last week, the Romanian ruling coalition signed a protocol supporting the signing and ratification of the treaty by the country. Opposition leader Victor Ponta said at that time the Social Liberal Union backs the ratification of the treaty.

EU member states, except the UK and the Czech Republic, adopted at the end of January a new treaty aimed to strengthen budgetary discipline in the EU.

The states that join the treaty must observe several golden rules: their annual budget deficit should not exceed 3% of the gross domestic product and their public debt should be lower than 60% of the GDP.