{"id":317758,"date":"2026-04-13T02:00:43","date_gmt":"2026-04-12T20:30:43","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=317758"},"modified":"2026-04-13T02:00:43","modified_gmt":"2026-04-12T20:30:43","slug":"hungarys-orban-concedes-landmark-defeat-to-centre-right-opposition-national","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/04\/13\/hungarys-orban-concedes-landmark-defeat-to-centre-right-opposition-national\/","title":{"rendered":"Hungary\u2019s Orban concedes landmark defeat to centre-right opposition – National"},"content":{"rendered":"

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BUDAPEST, Hungary (Reuters) \u2013 Hungary\u2019s veteran nationalist leader Viktor Orban conceded defeat on Sunday after a landslide election<\/a> victory by the upstart opposition Tisza party, in a setback for his allies in Russia and U.S. President Donald Trump\u2019s White House.<\/p>\n

Results based on 46% of votes counted showed the centre-right, pro-EU Tisza party of Peter Magyar<\/a> winning 135 seats \u2013 or a vital two-thirds majority \u2013 within the 199-member parliament, ahead of Orban\u2019s Fidesz party.<\/p>\n

\u201cThe election results will not be final yet, however the situation is comprehensible and clear,\u201d Orban said on the Fidesz campaign offices. \u201cThe election result’s painful for us, but clear.<\/p>\n

\u201cThe responsibility and possibility of governing was not given to us. I even have congratulated the winner.\u201d<\/p>\n

Pollsters predicted a record voter turnout, with Hungarian television showing long queues outside some voting stations in Budapest. Data at 1630 GMT, half an hour before polls were attributable to close, showed 77.8% of voters casting their ballots, up from 67.8% 4 years earlier.<\/p>\n

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If the ultimate results confirm the early readings, an end to Orban\u2019s period in government after 16 years in power would have significant implications not just for Hungary, but for the European Union, Ukraine and beyond.<\/p>\n

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It could likely spell an end to Hungary\u2019s adversarial role contained in the EU, possibly opening the best way for a 90 billion euro ($105 billion) loan to war-battered Ukraine blocked by Orban.<\/p>\n

Defeat for Orban could also mean the eventual release of EU funds to Hungary that the bloc had suspended attributable to what Brussels said was Orban\u2019s erosion of democratic standards.<\/p>\n

Orban\u2019s exit would also deprive Russian President Vladimir Putin of his most important ally within the EU and send shockwaves through Western right-wing circles, including the White House.<\/p>\n

In Hungary, a Tisza victory could open the best way for reforms that the party says would aim to combat corruption and restore the independence of the judiciary and other institutions.<\/p>\n

Nonetheless, the extent of such reforms will depend upon whether Tisza can secure the two-thirds majority it might must reverse much of Orban\u2019s legacy.<\/p>\n

Orban carved out a model of an \u201cilliberal democracy\u201d seen as a blueprint by Trump\u2019s Make America Great Again (MAGA) movement and its admirers in Europe.<\/p>\n

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