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President Klaus Iohannis said on Thursday that cutting excise duties on fuel is not possible and that directly capping or subsidizing the fuel price isn't feasible either, mentioning however that Prime Minister Nicolae Ciuca assured him that the amount needed to cover the planned support of 0.50 RON per litre of fuel can be borne by the budget.
The head of the state said that directly capping fuel prices or a significant fuel subsidy are no feasible solutions, "but to the extent possible - and I discussed the subject with the Prime Minister yesterday and he explained to me how he sees the mechanism - to the extent possible, it is correct to do it. So this is where we stand now and the Prime Minister has assured me that this amount can be borne by the national budget from resources the Finance Ministry will identify." AGERPRES
