Prime Minister Viktor Orbán has conceded election victory in Hungary after 16 years in power, with the opposition on course for a landslide win. Péter Magyar is set to be the country’s new prime minister and his party, Tisza, is forecast to win a massive majority in parliament. ‘The election results are not final yet, but the situation is understandable and clear,’ a gloomy Orban said at the Fidesz campaign offices. ‘The election result is painful for us.’

The eve-of-election intervention by US Vice President J.D Vance underlines the symbolic importance of Hungary to elements of the global conservative movement. It would be wrong to read today’s result as a victory for unashamed progressivism: Magyar is a moderate........

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