growth (Activities: Reforming the tax system; Extra-budgetary regulations; Extra-Measures to increase activity) Balancing the economy (Activities: Measures for the sustainable operation of the public sector; Improving the sustainability of the pension system; Creating a more targeted social system) Restoring Global trust (Activities: Restoring public order and confidence; Restoring confidence; Solidarity:state, politics, wealthy people; Anti-corruption measures; Helping pensioners; Providing continuous information to the public on Government activities; Establishing a national crisis Fund to help the most needy) Handling the ruling Socialists might have been his most difficult task. He needed their votes but a sizeable section of the party viewed Bajnai with contempt because cuts in welfare spending was seen as eroding the party's traditional voter base. Despite this, Bajnai made a reform in taxes, pensions, public sector bonuses, maternity support, mortgage subsidies, energy subsidies and public transport subsidies. Within six months, he managed to present a new budget that reduced government spending by five percent of GDP. Hungarian economic policy has regained its credibility, CDS-spread was less than one third of the level of a year before. In an interview given to Handelsblatt, Bajnai said: “Most of the painful decisions were taken during the first 100 days of my government” (…)“It was clear what Hungary had to do, even if it was not easy politically. (…) This required painful adjustments from the people. Our challenge was keeping things bearable while simultaneously creating better conditions for stable and sustainable development. We have accomplished that goal.” Foreign policy His first visit abroad was in Brussels, where he debuted as Prime Minister. He had discussions with Jose Manuel Durao Barroso, President of the European Commission, and with Jaap de Hoop Scheffer, Secretary-General of NATO. In April he met with Austrian PM Werner Faymann, in May, he attended the EU Partnership Summit in Prague. In May, he presented a speech on the Europe Forum, in Wachau, and in June, he attended the V4 summit in Kraków. He made a two-day official visit to Israel, where he met Shimon Peres, Benjamin Netanyahu and the Opposition Leader, Tzipi Livni. He also visited the Palestinian Authority, where he met the Palestinian prime minister, Salam Fayyad. The Nabucco pipeline's intergovernmental agreement between Turkey, Romania, Bulgaria, Hungary and Austria was signed by five Prime Ministers (including Bajnai) on 13 July 2009 in Ankara. On 19 August, he met with Angela Merkel, Chancellor of Germany, in Sopron. The event was