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PM reaffirms commitment to low deficit

Hungarian Prime Minister Gordon Bajnai challenged the statement made by Viktor Orbán, head of the top opposition Fidesz party that the 3.9% of GDP deficit targeted for the year by the government is questionable.

Those in government as well as those preparing to govern should be responsible in their comments, Bajnai said. The PM responded to Orbán expressing doubts as to whether crisis-struck Hungary should make a priority of adhering to a 3.9% deficit, one of the lowest figures in the EU. If Hungary were to propose a higher negative, it would be unacceptable to the International Monetary Fund, the EU as well as the foreign investors financing the national economy, the premier stressed.

Hungary should be proud that these institutions look to Hungary with grounded trust, he added. (Gazdasági Rádió)