Hungary's dominant political party Fidesz has suffered a significant defeat in the recent elections.Outgoing Prime Minister Viktor Orban, a founding member of Fidesz, announced he will leave his seat in Parliament following the electoral loss.Despite stepping down from his parliamentary role, Orban intends to remain the head of the Fidesz party.The election results mark a notable setback for Fidesz, which has been the leading political force in Hungary for several years.The party's loss signals a shift in the country's political landscape.Orban's decision to relinquish his parliamentary seat but retain party leadership suggests a strategic recalibration within Fidesz.This development is important... [Continue Reading]