The Hungarian Socialist Party (MSZP) is a political party in Hungary, founded in 1989. It emerged from the former ruling party of the communist era, transitioning to a social-democratic platform. The party aims to promote social justice, economic equality, and democratic governance. Throughout its history, the MSZP has been a significant player in Hungarian politics, often participating in coalition governments. It has faced challenges, including declining popularity and internal divisions, particularly in the wake of the 2010 elections when it lost power to the Fidesz party, a center-right political group.