Peter Magyar becomes Hungary's Prime Minister after 16 years under Orban. Orban built ties with Trump and Putin while promoting 'illiberal democracy'. New government seeks to unlock frozen EU funds over rule-of-law concerns. Reforms to combat corruption and improve economy are priorities. Hungary faces economic stagnation and declining public services. Agnes Forsthoffer elected as parliament speaker; Koszegi and Katai-Nemeth appointed. Andrea Virag notes high expectations for new administration