Business Standard
Hungarian voters on Sunday ousted long-serving Prime Minister Viktor Orban after 16 years in power, rejecting the authoritarian policies and global far-right movement that he embodied in favour of a pro-European challenger in a bombshell election result with global repercussions. Election victor Peter Magyar, a former Orban loyalist who campaigned against corruption and on everyday issues like health care and public transport, has pledged to rebuild Hungary's relationships with the European Union and NATO - ties that frayed under Orban. European leaders quickly congratulated Magyar. It's not yet clear whether Magyar's Tisza party will have the two-thirds majority in parliament to govern without a coalition. With 77% of the vote counted, it had more than 53% support to 38% for Orban's governing Fidesz party. It's a stunning blow for Orban, a close ally of both US President Donald Trump and Russian President Vladimir Putin. Orban conceded defeat after what he called a "painful" electi
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