• Government will stick to 3.8% budget deficit target
  • “It is blatant” that Hungary is not Greece
  • There were blunders but new government will keep deficit under control
  • No need for austerity, but no option for stimulus
  • We have to cut budget expenditures and bureaucracy
  • We must boost investments
  • We need to save 1-1.5% of GDP in budget
  • We need to kickstart growth as well
  • We’re examining all possibilities for a flat tax of 15-20% in personal income tax
  • We hope to start 3 year radical tax reduction programme
  • Taking private pension funds back to state system was not discussed