US EditionHungarians Look to Changed Future After Pro-EU Magyar's Election ...
Peter Magyar’s two-thirds majority could help unlock billions in frozen European Union funds and lifted Hungary’s forint 2.5%, officials said.
- On Sunday, opposition leader Peter Magyar secured a landslide victory, winning 138 of 199 parliamentary seats and unseating Prime Minister Viktor Orban after 16 years in power.
- Outgoing nationalist Prime Minister Viktor Orban, a key ally of President Donald Trump and Vladimir Putin, blocked $105 billion in loans to war-battered Ukraine while frustrating European efforts to aid the country.
- Magyar vowed to root out corruption and create a "peaceful, functioning and humane" Hungary. He plans to establish an Office for the Recovery of National Assets to reclaim ill-gotten gains from Orban loyalists.
- European Union leaders and President Volodymyr Zelenskiy warmly welcomed the result, while the Kremlin said it would continue "pragmatic ties" with Budapest. Some Polish conservatives lamented the loss of an important bastion.
- Supporters hope the new government will unblock frozen European Union funds and introduce the euro by 2030. "We are Europeans and we want to stay in Europe," said network engineer Gyula Ferenc Teleki.
48 Articles
48 Articles
After Election Overthrow, Hungary Ponders Life After Orban
After an election earthquake in which voters overwhelmingly rejected pro-Russian Prime Minister Viktor Orbán, Hungarians are contemplating what to expect from the country's incoming leader, Péter Magyar—a pro-European reformer who has promised a fundamental transformation in Hungary's political culture. Magyar's win was met with jubilation on the streets of...
The future Hungarian Prime Minister relies on an expert government for the new beginning. In particular, the Ministry of Energy will play a key role.
Viktor Orban has lost the elections in Hungary. The defeat punishes all those who have claimed that the country is no longer a democracy. However, in Magyar's convincing victory there is also the danger of a fallacy.
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