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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. 

For more context and news coverage of the most important stories of our day, click here:

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