“I have promulgated the social security budget. It was never my intention to stop this budget,” he said.
The Romanian Parliament adopted the 2014 state budget and social security budget last week.
Basescu said he would not sign the state budget bill and would send it back to Parliament if it includes an additional excise duty on fuel.
Earlier Monday, Prime Minister Victor Ponta said the Government plans to raise fuel excises by EUR0.07/liter only on gasoline, starting January 1, 2014, putting off levying the new fuel tax on diesel oil for a three-month period to seek other solutions, which could translate into a special taxation system.