Hungary PM Orban concedes election defeat as Tisza party wins majority

Hungarian Prime Minister Viktor Orban has conceded defeat in parliamentary elections and congratulated Peter Magyar, leader of the Tisza party, on his victory, Hungary Today reported.

With 98.74% of votes counted, the Tisza party secured 138 of 199 parliamentary seats, surpassing the 133-seat threshold required for a constitutional majority.

Orban’s ruling Fidesz party and its allies won 54 seats, while the Our Homeland party secured 7 seats.

Voter turnout reached a record 77.8%, up from 69.5% in the previous election.

Magyar, 45, a former Fidesz member who joined the opposition in 2024, has pledged to restore Hungary’s relations with the European Union and NATO. A new prime minister is expected to be elected within 30 days.