Péter Magyar’s recent parliamentary election victory and subsequent formation of a new government have intensified political pressure on President Tamás Sulyok, with the prime minister publicly demanding resignation by May 31 and threatening constitutional amendments or legislation to remove him and other Orbán-era appointees if he refuses. Sulyok’s term runs until 2029, and Hungary’s constitutional framework requires specific parliamentary majorities and procedural steps for early removal that have not yet advanced. These institutional hurdles, combined with the short timeline to June 30, underpin traders’ 68% implied probability that Sulyok will remain in office, reflecting the gap between rhetorical demands and the practical pace of legislative or constitutional change in a post-election transition.