(BUDAPEST) – Hungary’s long serving prime minister Viktor Orban has lost power after 16 years, with opposition leader Peter Magyar securing a decisive election victory that is already being described as a turning point for the country and the wider European Union. Celebrations broke out across Budapest following the result, with large crowds gathering along the Danube and on public transport to mark what many described as an historic moment. The election drew record turnout and signals a major shift in Hungarian politics after more than a decade of dominant rule by Orban. European leaders moved quickly to congratulate Magyar.…