Following Hungary’s April 2026 parliamentary elections, in which Péter Magyar’s Tisza party secured a strong majority, the incoming prime minister has publicly demanded that President Tamás Sulyok resign by May 31 or face legislative removal. Sulyok, appointed under the prior government, has continued performing constitutional duties such as convening parliament and nominating the new prime minister without stepping down. With a two-thirds legislative majority now available, constitutional amendments or other removal procedures remain possible, yet no such action has been completed as of mid-May. Traders therefore view an exit by the June 30 resolution date as plausible but not assured given the remaining procedural steps and short timeline.