BREAKING: Hungary’s Prime Minister Viktor Orbán has conceded defeat to opposition leader Péter Magyar’s Tisza party, marking an end to his 16-year reign. Alex Witt reports.

Supporters of the Hungarian opposition celebrated in Budapest on April 12 as the 16-year rule of Prime Minister Viktor Orban looked set to end. #Hungary #Orban #Magyar #election #democracy

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Hungary's opposition leader Peter Magyar walked through a sea of Hungarian flags and blazing torches on April 12 as supporters celebrated his Tisza party's landslide election victory over veteran nationalist Prime Minister Viktor Orban. #Hungary #Orban #Magyar #election #democracy

Az utóbbi évek legfontosabb tárgyalására érkeztünk Brüsszelbe. Sok ezer milliárd forint sorsa a tét. Rajtunk nem fog múlni. ❤️🤍💚 #magyarpeter #hungary #ep

Viktor Orban has been ousted from power by Peter Magyar, ending Orban's 16-year reign as Hungary's prime minister. Matt Steinglass, The Economist’s Europe editor, explains what the effect of this significant result will be for Europe. Click the link to find out how Hungary can now lead the fight against illiberalism. #hungary #Orban #Magyar #politics #election

Hungary's incoming Prime Minister Peter Magyar appeared to spot his outgoing rival Viktor Orban on a balcony as he visited Budapest's Sandor Palace for a meeting with the country's president. #victororban #petermagyar #hungary #budapest