Basescu also said he will reject the country’s draft budget for 2014 and will challenge it to the Constitutional Court, Ponta added.
The president showed no flexibility regarding the matter, the prime minister said.
Basescu met a delegation headed by Ponta Tuesday evening to settle a dispute regarding the country’s latest memorandum of understanding with the International Monetary Fund, after the president announced Monday evening he would not sign the document because of a new tax on fuel announced by the government.
The IMF cannot complete its first review of Romania’s progress under a EUR2 billion loan program until the president ratifies the memorandum, meaning the loan agreement is “de facto suspended”, Ponta told reporters earlier Tuesday.
The IMF’s executive board in September approved a new EUR1.98 billion two-year precautionary credit line for Romania, the third financial package the eastern European country has received in the last four years.