Viktor Orbán Concedes Defeat in Hungary, Signaling Shift in EU Relations
Hungarian Prime Minister Viktor Orbán has conceded defeat in the country's elections after 16 years in power. Orbán, a close ally of President Trump, faced growing discontent over economic stagnation and allegations of corruption. The opposition party, Tisza, led by Péter Magyar, is projected to win a two-thirds majority in parliament, allowing them to potentially pass a new constitution. This electoral outcome is expected to end Hungary's adversarial stance within the European Union, potentially facilitating a $105 billion loan to Ukraine. World leaders, including French President Emmanuel Macron and NATO Secretary General Mark Rutte, have congratulated Magyar on his victory, highlighting the election's significance for Europe.