Hungary’s new PM races to unlock EU’s frozen funds
Hungary’s incoming PM Peter Magyar has travelled to Brussels, hoping to unfreeze billions of euros.

Hungary’s incoming PM Peter Magyar has travelled to Brussels, hoping to unfreeze billions of euros.



![The tap next to the foundation stone of Druzhba oil pipeline at Hungarian oil and gas group MOL's main Duna (Danube) refinery in Szazhalombatta, Hungary [File: Laszlo Balogh/Reuters]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/04/2007-01-09T120000Z_570226009_GM1DUIROPXAA_RTRMADP_3_HUNGARY-OIL-RUSSIA-1776875435.jpg?resize=770%2C513&quality=80)





Incoming Prime Minister Peter Magyar says his government could be formed by mid-May.

Hungary’s opposition has defeated the prime minister by a landslide.
Orban’s exit signals potential end to Hungary’s EU isolation and opens door for diplomatic and economic collaboration.
Viktor Orban’s stepping stone – the EU’s own illiberal tendencies and militarism – is still very much present.
World watching to see which way Hungary will head once Viktor Orban’s ‘illiberal’ regime ends its 16-year reign.

Hungary election winner Peter Magyar calls for early convening of parliament to form his government
Magyar’s centre-right Tisza party has won a two-thirds majority in Hungary’s parliamentary elections.
Celebrations broke out across Budapest after opposition leader Peter Magyar defeated Prime Minister Viktor Orban.

In a record turnout at the polls, Hungarians have voted out their long-serving, far-right Prime Minister Viktor Orban.

Peter Magyar has won Hungary’s election, defeating longtime nationalist leader Viktor Orban.