Hungary's Orban Concedes Defeat to Center-Right Opposition, Impacting EU and U.S. Relations
Hungary's Prime Minister Viktor Orban conceded defeat to the center-right Tisza party led by Peter Magyar in a landmark election. This marks the end of Orban's 16-year rule, as the Tisza party secured a two-thirds majority in the 199-member parliament. The election saw a record turnout of 79%, with many Hungarians viewing it as a pivotal moment for the country. Orban's defeat is significant for Hungary's relationship with the European Union, as it may lead to the unblocking of a 90-billion-euro loan to Ukraine, which Orban had previously opposed. The election results are also expected to influence Hungary's role within the EU, potentially ending its adversarial stance.