The ruling party led by Hungary Prime Minister Viktor Orban lost the general election to the opposition by a wide margin, handing over power after 16 years in office.

Péter Magyar, leader of Tisza, wins by a landslide in Hungary's general election. /Courtesy of Yonhap News

On the 12th (local time), Orban said after interim results came in, "We were not given the responsibility and opportunity of the prime minister," and "I offered congratulations to the winning party."

According to the National Election Committee of Hungary, with 98.13% of votes counted, the opposition Tisza won a landslide with 138 of the total 199 seats.

This result exceeds the previously stated final goal of 133 seats, enabling Tisza to independently push political and social system reforms.

By contrast, the ruling Fidesz secured only 55 seats.

That day, Tisza leader Peter Magyar said in a victory speech, "We will restore the system of checks and balances and ensure democratic functions," and "We will once again become a strong ally to the EU and NATO (North Atlantic Treaty Organization)."

Earlier, Magyar had criticized Orban's pro-Russia moves throughout the campaign, stressing that this election was the last chance to prevent Hungary from tilting into Russia's sphere of influence.

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