Podcast

2026 Hungary elections: What comes next? Insights from a former US Embassy diplomat in Budapest

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On April 12, Péter Magyar defeated Viktor Orbán, the longest-serving head of state in Europe, in a stunning landslide upset. Magyar’s election has ramifications for US policy toward Russia, Ukraine and the EU.

In our latest episode of Bad News, Good Lawyers, host Tom Firestone, head of our Government Investigations & White Collar Practice, is joined by David Kostelancik, a career US State Department diplomat and former chargé d'affaires at the US Embassy in Budapest, who discusses what changes we can expect in Hungary and what Magyar’s election means for US business.

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*The views expressed by guests on Bad News, Good Lawyers are those of the guest and do not necessarily reflect the views of Squire Patton Boggs.

Key questions addressed in this episode

How did Magyar pull off such a dramatic and unexpected landslide?

Will Hungary now support new EU sanctions on Russia?

Will Hungary now support the EU’s proposed €90 billion loan to Ukraine?

Can Magyar clean up Hungary’s “crony capitalism” and corruption?

What does Magyar’s promise to join the European Public Prosecutor’s Office mean for anticorruption in Hungary?

What kind of domestic social policies can we expect from the Magyar government?

If you have any questions about our podcast, please contact Tom Firestone. And look out for future episodes in this series, where we discuss the intersection of law and politics, and how good lawyers can develop creative solutions to the toughest issues.