In a 3-hour speech on Monday, Hungarian Prime Minister elect Peter Magyar has called for the swift formation of a new government aiming for a formal handover of power on May 5th. Following his landslide victory on Sunday, Magyar outlined his administration's immediate priorities, which center on restoring democratic institutions and securing 17 billion euros in frozen European Union funds. Addressing the conflict in Ukraine, Magyar confirmed he will not block a 90 billion euro EU loan for Kyiv, though he insisted Hungary will not contribute to the fund. He also reiterated his position to the fast-tracked EU accession of a country at war.

On energy policy, the incoming leader adopted a pragmatic tone. While aiming to end dependence on Russian energy by 2025, he stated that Budapest will continue to purchase Russian oil in the short term to ensure economic competitiveness. Magyar also intends to keep the southern border fence and remains opposed to the EU migration pact. However, he expressed a desire to resolve the 1 million euro daily fines imposed by the European Court of Justice for non-compliance with asylum laws. The Tisza Party leader also confirmed his intention to bring Hungary into the Eurozone, signaling a significant shift toward deeper European integration after years of isolation.