Monday, 13 April 2026

Victor Orbán concedes defeat in Hungary election.

Extract from ABC News

Hungary saw a record turnout for the election.

In short:

Centre-right Tisza Party leader Peter Magyar is on course to become Hungary's new prime minister with a two-thirds majority.

Prime Minister Viktor Orbán has conceded defeat, ending 16 years in power for a figure in the far-right movement allied with US President Donald Trump.

What's next?

Mr Magyar's victory could spell an end to Hungary's adversarial role inside the EU, possibly opening the way for a 90 billion euro ($150 billion) loan to war-battered Ukraine.

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