00:00Hungary is set for a political overhaul after longtime Prime Minister Viktor Orban conceded
00:05defeat in Sunday's elections.
00:07Center-right pro-EU candidate Peter Magyar's party appears to have secured a two-thirds
00:12majority in parliament.
00:13Orban has been in power for 16 years.
00:16His administration has close ties to Russia and U.S. President Donald Trump, but has clashed
00:21with the EU.
00:22The election results could have implications for neighboring Ukraine, as Orban's government
00:26blocked EU aid for Kyiv in its fight against Moscow's invasion.
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