Hungary's Magyar targets mid-May cabinet formation, outlines key reforms

Peter Magyar, leader of the opposition Tisza Party, speaks during a press conference a day after the parliamentary election, in which Hungarian Prime Minister Viktor Orban conceded defeat, Budapest, Hungary. REUTERS/Marton Monus

BUDAPEST, April 15 (Reuters) - Hungary's election winner ⁠Peter Magyar said on Wednesday his cabinet could be sworn in by mid-May and take quick steps to release billions of suspended European Union funding, while clashing with allies of his ⁠predecessor who remain in place.

Magyar's TISZA (Respect and Freedom) party won a landslide victory in Sunday's election, ending right-wing Prime Minister Viktor Orban's 16-year rule that became a prototype for "illiberal" ‌conservative rulers across the western world.