German Chancellor Friedrich Merz had a spring in his step after Hungary’s Péter Magyar stunningly routed incumbent Prime Minister Viktor Orbán in the country’s parliamentary election on Sunday. It is “a good day,” he told reporters , and “a very clear signal against right-wing populism.” But is Merz right to see Magyar’s stunning victory as a rejection of national conservatism and a rebuff of the global far-right movement? Not quite. As Europe’s centrist politicians are gleeful over the