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EU approves €90 billion loan for Ukraine after Hungary lifts veto

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The Ring

Magyar beats Orbán - What's next for the EU? MEPs go head-to-head

In this new edition of The Ring, broadcast from the European Parliament in Brussels, MEPs Daniel Freund (Greens) and Sander Smit (ECR) debate the outcome of the Hungarian election and what it means for Europe.

Europe News

Péter Magyar says new government could take power at beginning of May

Magyar has called on Orbán's government to act as a caretaker in its final weeks and not to make any decisions that could threaten Hungary's interests or impede the incoming government's work.

The Ring

Is the EU ready to drop unanimous voting?

The decisive defeat of Hungarian leader and EU veto-er-in-chief Viktor Orbán presents the EU with an opportunity to move forward on several key foreign policy issues. But was he the problem? Or is unanimity holding the EU back from defending itself on the world stage?

Europe News

Orbán to skip his last EU summit after bruising electoral defeat

The tradition in Brussels states that departing leaders are paid homage by their peers and given a goodbye token when they attend their last summit. Not for Orbán as he is now expected to skip the gathering.

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Economy

Can Hungary's new government fix an economy in crisis?

Investors are optimistic about the new government's expected economic policies, but an energy crisis and a scramble for EU funds could slow its immediate success.

Europe News

Magyar calls on Orbán to lift veto on Ukraine loan before his exit

If oil flows resume through the Druzhba pipeline, then Viktor Orbán should lift his "technical veto" on the €90 billion loan for Ukraine, Péter Magyar said. Brussels is already laying the groundwork to make the first payment.

Europe News

Life after Orbán: How his defeat is set to transform EU power dynamics

The Hungarian election has brought the Viktor Orbán era to an abrupt end. His defeat is set to transform the power dynamics at the EU table.

Europe News

After Orbán loss, Europe’s far right reassesses MAGA backing

Viktor Orbán’s defeat in the Hungarian elections suggests that political endorsements from Donald Trump or JD Vance do not necessarily boost European far-right campaigns, as the MAGA message increasingly struggles to resonate in Europe.

Earth News

Is Hungary’s historic election result good news for the climate?

Orbán, who once described EU climate ambitions as a 'utopian fantasy', has been replaced by Péter Magyar.

Europe News

Can Péter Magyar break Hungary’s reliance on Russian oil?

Péter Magyar, the expected future Hungarian prime minister, won the general election in a landslide, unseating outgoing Viktor Orbán after 16 years in power and raising questions about whether Budapest will move away from Russian energy.

Markets

Hungarian stocks hit record high after a landslide opposition victory

Hungary’s main stock index (BUX) surged on Monday as investors welcomed the prospect of far-reaching reforms following Péter Magyar’s decisive win in the country’s parliamentary election.

Europe Today

Watch: 2026 Hungarian elections and 'Péter the Conqueror'

Ladies and gentlemen, the fight is over and we have a winner in the Hungarian elections. Seems like now we can all go home. Or can we? Who is Péter Magyar, and what does his election really mean for Hungary and Europe?

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Hungary: jubilant scenes across Budapest follow Magyar’s victory

Hungary saw large crowds take to the streets on Sunday, 12 April 2026, after Prime Minister Viktor Orbán conceded defeat, ending 16 years in power.

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Hungary election: Supporters of Peter Magyar's party celebrate in Budapest

Supporters of Peter Magyar, leader of the pro-European conservative TISZA party, celebrate on the banks on the river Danube in Budapest.

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Orbán and Magyar vote in high-stakes Hungarian election watched by EU

Viktor Orbán and Péter Magyar vote in a pivotal Hungarian election with record turnout expected, as the result could reshape Budapest’s role in the EU.

Hungary

Seismic shift: How 16 years of Hungarian politics changed in one day

The National Election Commission said voter turnout was at a record 77.8%, the highest ever recorded in a Hungarian election.