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Finance

Hungary election winner Magyar expects to form government by mid-May

Published by Global Banking & Finance Review

Posted on April 15, 2026

1 min read

· Last updated: April 16, 2026

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Hungary election winner Magyar expects to form government by mid-May

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BUDAPEST, April 15 (Reuters) - Election winner Peter Magyar said on Wednesday that President Tamas Sulyok would ask him at the inaugural session of parliament to form Hungary's next government, which

Peter Magyar Set to Form Hungary's Government Following Election Victory

Peter Magyar's Appointment and Government Formation Process

President's Role in Government Formation

BUDAPEST, April 15 (Reuters) - Election winner Peter Magyar said on Wednesday that President Tamas Sulyok would ask him at the inaugural session of parliament to form Hungary's next government, which could be sworn in by the middle of next month or somewhat sooner.

Statement from Peter Magyar

"The President has informed me that he will ask me at the inaugural session of the new parliament to be Prime Minister and form a government, as the leader of the party that got the most votes," Magyar said after meeting Sulyok.

Reporting Credits

(Reporting by Krisztina Than and Gergely Szakacs)

Key Takeaways

Magyar’s Tisza Party secured a landslide victory on April 12, winning roughly 138 of 199 seats with over 50 % of the vote, ending Viktor Orbán’s 16‑year rule. (aljazeera.com)
Under Hungary’s constitution, President Sulyok must convene the inaugural parliamentary session within 30 days of the election—i.e., by May 12—and nominate a prime minister, virtually certain to be Magyar given his supermajority. (telex.hu)
Magyar has called for the process to begin immediately, expressing hope to assume office by May 5, and intends to reverse Orbán‑era policies, strengthen rule of law, and restore EU ties. (apnews.com)

References

Frequently Asked Questions

When is Hungary's new government expected to be formed?

Hungary's new government is expected to be formed by mid-May.

Who will request the formation of the new Hungarian government?

President Tamas Sulyok will request Peter Magyar to form the new government.

What role will Peter Magyar hold in the new government?

Peter Magyar will be asked to be Prime Minister and form the government.

Where did the announcement about Hungary's new government take place?

The announcement took place in Budapest after a meeting between Peter Magyar and President Tamas Sulyok.

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Hungary election winner Magyar expects to form government by mid-May

Peter Magyar Set to Form Hungary's Government Following Election Victory