(edited by Grok) Hungary’s Prime Minister Viktor Orbán is out after 16 years in office. The opposition party has won a super-majority, and a new Prime Minister is taking office: Péter Magyar (whose surname means “Hungarian” — “magyarok” is the Hungarian plural for Hungarians/Magyars). The people who have lived in Hungary since approximately 896 A.D. are known as Magyars. The populist Orbán was defeated by a rival populist with a different cultural spin.

Viktor Orbán was a supporter of the Russian position in Ukraine and blocked a €90 billion (roughly $103 billion) EU loan to Ukraine that was intended to buy weapons and sustain the war effort for a couple more years. In recent months, Ukraine had been reluctant to repair the war-damaged Druzhba pipeline carrying Russian oil to Hungary and Slovakia. In March 2026, President Zelenskyy stated he would prefer not to restore it, citing the dangers of Russian attacks on repair crews and questioning why Ukraine should prioritize a pipeline benefiting a hostile actor. Hungary and Slovakia accused Ukraine of using the disruption as blackmail. Under pressure and through European Commission mediation, Zelenskyy later agreed to complete repairs by this spring with EU assistance, though he noted he could not guarantee the pipeline’s safety from future attacks during the ongoing war. With the change in Hungarian government, Budapest is now likely to drop its objections and give its assent to the EU loan.

With the price of oil currently rather high — about $102 per barrel — Russia will continue to see increased revenue from selling more oil to Europe once flows resume.

Western European diplomats are the fundamental problem in reaching a conclusion to the war. Instead of loaning €90 billion for more destruction and death in Ukraine and Russia, settling the war directly — with borders largely in place except for a Ukrainian withdrawal from the Donbas — and investing that €90 billion in rebuilding Ukraine and Russia with new technology would be far preferable. Western European leaders, however, believe that Russian control of former Russian Imperial then Soviet areas in Ukraine (seized since 2014 when Russia was relatively stronger, not in 1991) is so advantageous that they are willing to spend at least a trillion dollars and risk World War Three to secure it, station troops, and deploy hundreds of thousands of AI-equipped drones on the western Russian border.

That paradigm is illogical, especially given the opportunity cost: the loss of peace, prosperity, and swift ecological-economic reconstruction of the region if forward-thinking eco-economists and ecologists are given real input.

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