Hungary's long-dominant Prime Minister Viktor Orbán has conceded defeat in what analysts are calling a historic election, as Peter Magyar's TISZA party secured a commanding victory and brought an end to sixteen years of Fidesz rule. Voters turned out in record numbers to deliver the result, with early official tallies showing Magyar's pro-European conservative party dominating across the country. Jubilant supporters gathered along the banks of the Danube in Budapest, cheering and waving flags as results appeared on giant screens.

In his victory speech, Magyar — a former insider who broke with Orbán's circle to lead the opposition — pledged a sweeping reorientation of Hungarian foreign policy.