At the European Council on December 8-9 2011 the 17 eurozone members and another 6 countries outside the euro area (Bulgaria, Denmark, Latvia, Lithuania, Poland and Romania) have agreed to sign an intergovernmental agreement, aimed at strengthening budgetary discipline and for greater coordination of economic policies. There are another three countries that at that time needed to consult their national parliaments or had doubts. Only Britain was firmly against the agreement, after the country vetoed planned amendments to the EU treaties, also aiming deeper coordination and discipline. According to the deal in December, the new fiscal pact has to be ready by March 2012. Already intensified writing of the text is taking place, which is why euinside has decided to detach the covering of the various versions of the pact, as well as the political processes accompanying it in a separate subject, because undoubtedly this is going to be one of the hottest subjects of 2012.