‘I’ve congratulated the victorious party’: Viktor Orban concedes

Viktor Orban has conceded defeat in Hungary's recent election, ending his 16-year tenure as prime minister. Opposition leader Peter Magyar is the presumed victor, although official results are pending. Orban acknowledged Magyar's win, signaling a significant shift in Hungarian politics. The election outcome marks a change in leadership for Hungary after a prolonged period under Orban's rule. The transition of power is expected to occur in the near future, pending formal confirmation of the election results.