The Financial News

The Financial News

LIVE: Hungary’s Péter Magyar To Be Sworn In As Prime Minister, Ending Viktor Orbán’s 16 Year Rule


Watch LIVE as Páv Magyar, who was sworn in at the Hungarian Parliament in Budapest, gives his first significant speech as the country’s new prime minister. One of the most significant political changes in contemporary Hungarian history, Magyar’s ascent to power signifies the end of Viktor Orbán’s 16-year reign.

After his overwhelming election victory, Magyar is set to address the country in front of thousands of supporters outside Parliament. After years of hostilities between Budapest and Brussels, the new Hungarian leader has pledged extensive reforms, better connections with the EU, anti-corruption initiatives, and significant institutional improvements.

Magyar’s Tisza Party secured a powerful parliamentary majority in the 2026 election, ending Orbán’s long dominance over Hungarian politics and signaling a new era for Hungary and Europe.

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