Peter Magyar becomes Hungary’s Prime Minister, succeeding Viktor Orban

Peter Magyar has been sworn in as Hungary’s new prime minister, following a significant parliamentary victory for his centre-right Tisza party, which secured 141 of 199 seats. Magyar succeeds Viktor Orban after 16 years in power, facing challenges such as mending relations with the EU, reviving the economy, and addressing a substantial budget deficit. His administration marks a shift in Hungary’s political landscape, as he aims to restore the EU flag and negotiate $20 billion in frozen funds linked to human rights concerns under Orban.

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