Orbán's Fall Exposes a Captured Hungarian State

Overview

• The piece reports that Viktor Orbán has fallen from power and that Péter Magyar is taking charge in Budapest.
• The author argues Fidesz rewired the state through what he calls stealth autocracy, leaving institutions shaped to outlast an election loss.
• It describes public foundations that now hold state assets and oversee universities, industrial parks, and cultural bodies under lifetime boards tied to the old regime.
• It says even with Tisza’s two‑thirds majority, large parts of the budget flow to entities beyond the cabinet’s reach, which weakens day‑to‑day control.
• The analysis warns of a bureaucratic deep state that could stall policies, freeze investment, and leak plans, making institutional cleanup a matter of fiscal survival.