Because of the IMF loan, the public debt rose to nearly 80%. The central bank interest rate fell to 6.25% from 10.5% in 2009. The Bajnai government could not lead Hungary into the ERM-II, and it stated that it had no plans to do so. The centre-right soft eurosceptic Fidesz won enough seats in the 2010 Hungarian parliamentary election to form a government on its own. Fidesz was not specific then about its economic priorities. Shortly after the formation of the new government, they announced their intention to keep the 2010 deficit at 3.8%. After more pressure, in September they also accepted a reduction to 3% in 2011. In 2010, Finance Minister György Matolcsy said they would discuss euro adoption in 2012. Mihály Varga, another member of the party, talked about possible euro adoption in 2014 or 2015. However, in February 2011, Prime Minister Viktor Orbán made clear that he does not expect the euro to be adopted in Hungary before 2020. Later, Matolcsy also confirmed this statement. Orbán said the country was not yet ready to adopt the currency and they would not discuss the possibility until the public debt reached a 50% threshold. The public debt-to-GDP ratio was 81.0% when Orban's 50% target was set in 2011, and it is currently forecast to decline to 73.5% in 2016. In 2011, experts said that the earliest date that Hungary could adopt the euro was 2015. When the countries of the eurozone adopted the Euro Plus Pact on 25 March 2011, Hungary decided to go along with the United Kingdom, Sweden and the Czech Republic and chose not to join the pact. Matolcsy said that they could agree with the most of its contents, but did not want to give up the country's independence regarding corporate tax matters. As the Euro Plus Pact does not feature any legal obligations - but only commitments to use various sets of voluntary tools to improve employment, competitiveness, fiscal responsibility and financial stability - joining this pact would not lead to a requirement for Hungary to abandon their current corporate tax method. In April 2013, Viktor Orbán proclaimed euro adoption would not happen until the Hungarian purchasing power parity weighted GDP per capita had reached 90% of the eurozone average. According to Eurostat, this relative percentage rose from 57.0% in 2004 to 63.4% in 2014. If the same pace of "catching up" progress was to be expected in the future as in the past ten years (6.4% per decade), Hungary would only reach Orban's 90% target and adopt the euro in 2056.