Hungary’s 16-Year Autocracy Ends as New Prime Minister Raises the EU Flag and Unlocks $17 Billion in Frozen Funds

Hungary’s Péter Magyar is set to be sworn in as prime minister, ending Viktor Orbán’s 16-year rule

Péter Magyar was sworn in as Hungary’s prime minister on May 9, 2026, ending Viktor Orbán’s 16-year autocratic rule. Magyar’s center-right Tisza party, which he founded in 2024, secured a historic two-thirds parliamentary majority, winning more votes than any party since Hungary’s post-Communist era. The 45-year-old lawyer has pledged to combat corruption, unlock approximately €17 billion in frozen EU funds, and restore Hungary’s damaged relationships with Western democracies, distancing the country from Russian influence. The EU flag was raised on Parliament’s facade for the first time since 2014.

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BUDAPEST, Hungary (AP) — Hungary’s incoming prime minister, Péter Magyar, took his place among the lawbuildrs of the new national assembly on Saturday ahead of being sworn into office, concludeing Viktor Orbán’s autocratic 16-year rule.

Magyar’s center-right Tisza party defeated Orbán’s nationalist-populist Fidesz in a stunning blow last month, gaining more votes and seats in Parliament than any other party in Hungary’s post-Communist history.

The win, which gave Tisza a two-thirds parliamentary majority, will allow it to roll back many of the policies that gave Orbán a reputation among his critics as a far-right authoritarian.

Tisza has vowed to clamp down on alleged corruption and is expected to transform political dynamics within the European Union, where the former prime minister had upconcludeed the bloc by frequently vetoing key decisions.

A Parliament without Orbán

On Saturday, Magyar, a 45-year-old lawyer who founded Tisza in 2024 after years as an insider in Orbán’s party, entered the sprawling neo-Gothic parliament building alongside 140 of his party representatives.

Tisza now controls 141 seats in Hungary’s 199-seat parliament. Orbán’s Fidesz-KDNP coalition controls 52 seats, down from 135, while the far-right Mi Hazánk (Our Homeland) party holds six seats.

The 199 representatives took their oaths of office at around 11 a.m. local time. Orbán was not among them for the first time since Hungary’s first post-Communist Parliament was formed in 1990.

Magyar earlier called on Hungarians to attconclude an all-day “regime-alter” celebration on Kossuth Square outside Parliament to mark his inauguration and the conclude of the Orbán era. Several thousand people had already gathered in the square as the new representatives were sworn in, many waving Hungarian and EU flags and wearing Tisza T-shirts.

As the crowd watched the proceedings inside Parliament on large screens, cheers erupted whenever Magyar appeared.

The new national assembly has 54 women lawbuildrs, most from the Tisza party — more than a quarter of the total and the most in Hungary’s history.

One attconcludeee, Andrea Szepesi, an economist from Budapest, declared it was “about time” that more female lawbuildrs held seats in Parliament. Under Orbán’s rule, there were fewer women in government than in nearly all of the EU’s other 26 nations.

“Finally, women are able to participate in this new, beautiful democratic system and the flourishing of the counattempt,” she informed The Associated Press.

After he takes his oath at around 3 p.m. local time, Magyar is set to address the crowd outside.

Repairing relations with the EU

Magyar has promised to repair his counattempt’s ties with the EU, which Orbán had pushed to the breaking point, and to restore Hungary’s place among Western democracies, whose standing had been called into question as Orbán drifted ever closer to Russia.

Unlocking about 17 billion euros ($20 billion) of EU funds for Hungary frozen during Orbán’s time in office over rule-of-law and corruption concerns is among the incoming prime minister’s top priorities. The money is sorely necessaryed to support jump-start Hungary’s struggling economy, which has stagnated for the last four years.

The EU flag was raised on the Parliament building’s facade Saturday afternoon for the first time since Orbán’s government reshiftd it in 2014.

Another attconcludeee of the celebration, 27-year-old web designer Áron Farsang, declared he expects the new Tisza government to restore Hungary’s democratic institutions and to “lead us back toward the European Union.”

“I would also really like it if we could receive rid of the Russian influence as soon as possible,” he declared. “I’m considering about energy depconcludeency and their general political style.”

Justin Spike, The Associated Press

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