"There is no time to waste," Magyar said in a statement after his landslide victory in the April 12 elections ended the 16-year rule of nationalist Prime Minister Viktor Orbán. Magyar had previously outlined four key areas where his government could act quickly to avoid losing around €10 billion in EU post-pandemic recovery funds by the end-of-August deadline, including anti-corruption measures and the restoration of media freedom and academic liberties. After the election, he expressed hope for a political agreement during his first visit to Brussels. Orbán, a close ally of U.S. President Donald Trump, frequently clashed with the European Union over rule-of-law and human rights issues, resulting in the freezing of billions of euros in funds. In the April elections, Magyar's center-right Tisza party secured a two-thirds majority, granting it the power to amend laws on the judiciary, public procurement, and media oversight—issues at the heart of disputes between Orbán's government and Brussels. Hungary's economy has been virtually stagnant for three years.