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Viktor Orbán concedes defeat after 16 years in power in Hungary

April 26, 2026
in Market & News
Reading Time: 1 min read
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After 16 years in power, Hungarian Prime Minister Viktor Orbán conceded defeat in the country’s parliamentary election as Peter Magyar’s center-right Tisza Party was projected to win. NBC News’ Molly Hunter reports on the landslide result that could affect the European Union and Ukraine. 

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