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Hungary's Péter Magyar Takes Office as PM, Ending Orbán's 16-Year Rule

On May 9, Magyar, 45, was sworn in, ending Orbán's 16-year tenure. The Tisza party secured 141 of 199 seats, and the EU flag was raised in parliament for the first time in 12 years. The new government has prioritized unlocking approximately $20 billion in frozen EU funds.

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