Hungarians Sweep Away Orban, unlocks $20 billion in EU funds that had been withheld

Peter Magyar’s Tisza party was headed for a supermajority in parliament that will allow it to deliver on bold promises to dismantle Orban’s self-styled illiberal system.  

The outcome also marks a defeat for the nationalist camp in Europe. But it came as a big relief for the EU, which had struggled to overcome Orban’s obstructionism over the years. “Hungary has chosen Europe,” European Commission President Ursula von der Leyen said on X.


A two-thirds majority will help a Magyar administration pass key legislation to unlock some of the more than $20 billion in EU funds that had been withheld from the Orban government on rule-of-law and corruption concerns 

Boomberg 12 april 2026

https://www.bloomberg.com/news/articles/2026-04-12/hungarians-sweep-away-orban-after-16-years-in-seismic-election


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