Tag: Péter Magyar

• Monday, April 27th 2026 - 03:04 UTC

  Hungary's incoming PM says Orbán-linked oligarchs are moving funds to Uruguay and other destinations

  

  Hungary's incoming prime minister, Péter Magyar, alleged on Saturday that oligarchs linked to outgoing leader Viktor Orbán are transferring “tens of billions” of forints to Uruguay, the United Arab Emirates, the United States, and “other distant countries,” in what he described as a coordinated operation to move capital out of the country ahead of the government transition scheduled for May 9.

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• Sunday, April 12th 2026 - 23:07 UTC

  Hungary: Magyar's victory shakes European politics, dealing blow to Trump and Moscow

  

  Opposition leader Péter Magyar won Hungary's parliamentary elections on Sunday in a landslide that ends Viktor Orbán's 16 consecutive years in power. With 97% of votes counted, Magyar's Tisza party secured 138 of 199 parliamentary seats — a two-thirds supermajority granting the power to amend the constitution. Orbán's Fidesz won 55 seats, while the far-right Our Homeland party took six.