Berliner Boersenzeitung - Hungary's Orban jubilant at Trump victory as he hosts EU leaders

EUR -
AED 4.073403
AFN 72.095399
ALL 90.759823
AMD 405.022533
ANG 1.985165
AOA 1018.212205
ARS 1713.072879
AUD 1.624435
AWG 1.996495
AZN 1.898524
BAM 1.954767
BBD 2.2584
BDT 139.786147
BGN 1.938631
BHD 0.423017
BIF 3354.345358
BMD 1.109164
BND 1.433478
BOB 13.298473
BRL 6.196565
BSD 1.121304
BTN 105.378826
BWP 15.38319
BYN 3.357329
BYR 21739.61442
BZD 2.255112
CAD 1.580631
CDF 2567.715032
CHF 0.922885
CLF 0.027772
CLP 1092.836776
CNY 7.398512
CNH 7.395506
COP 3649.26048
CRC 507.180057
CUC 1.109164
CUP 26.908783
CVE 110.216707
CZK 24.367945
DJF 199.67161
DKK 7.475344
DOP 68.010507
DZD 151.746852
EGP 59.275052
ERN 16.63746
ETB 182.503456
FJD 2.517469
FKP 0.835235
GBP 0.835849
GEL 2.882288
GGP 0.835235
GHS 13.130543
GIP 0.835235
GMD 82.077594
GNF 9933.692165
GTQ 8.568246
GYD 234.962343
HKD 8.700887
HNL 30.140929
HRK 7.507942
HTG 146.976262
HUF 364.370338
IDR 20243.185808
ILS 3.529083
IMP 0.835235
INR 104.263527
IQD 1699.702005
IRR 2114149.772786
ISK 136.61538
JEP 0.835235
JMD 177.962023
JOD 0.786376
JPY 177.040357
KES 144.180384
KGS 96.995174
KHR 4573.01687
KMF 490.250259
KPW 998.247558
KRW 1478.005179
KWD 0.345205
KYD 0.934306
KZT 500.565539
LAK 25239.282309
LBP 100411.502998
LKR 372.648398
LRD 190.616478
LSL 18.382894
LTL 3.275073
LVL 0.670922
LYD 7.187818
MAD 10.938154
MDL 20.149444
MGA 5073.753977
MKD 61.531076
MMK 2328.938724
MNT 3998.429475
MOP 9.059114
MRU 45.233384
MUR 52.529757
MVR 17.078874
MWK 1944.33929
MXN 20.678179
MYR 4.524948
MZN 70.873386
NAD 18.380989
NGN 1494.221886
NIO 41.262106
NOK 10.592306
NPR 168.606882
NZD 1.99355
OMR 0.42647
PAB 1.121334
PEN 3.821081
PGK 5.035816
PHP 70.64818
PKR 307.875111
PLN 4.403348
PYG 6921.935833
QAR 4.087409
RON 5.345841
RSD 117.603542
RUB 91.976549
RWF 1658.973093
SAR 4.184003
SBD 8.973966
SCR 15.362917
SDG 667.210175
SEK 11.047468
SGD 1.425442
SHP 0.831115
SLE 25.403889
SLL 23258.619397
SOS 640.819214
SRD 41.755618
STD 22957.455427
STN 24.48938
SVC 9.810817
SYP 14421.349991
SZL 18.38786
THB 37.467293
TJS 10.304685
TMT 3.882074
TND 3.341836
TOP 2.6706
TRY 55.743917
TTD 7.603983
TWD 36.562591
TZS 2948.482865
UAH 50.999624
UGX 4575.098464
USD 1.109164
UYU 45.37012
UZS 13425.906759
VES 998.791644
VND 28482.776964
VUV 133.037413
WST 3.092126
XAF 655.957
XAG 0.021754
XAU 0.000281061796
XCD 2.997571
XCG 2.020632
XDR 0.784236
XOF 655.957
XPF 119.331742
YER 262.318412
ZAR 18.476376
ZMK 9983.800502
ZMW 22.84599
ZWL 357.150356
SSP 6418.203573
MXV 2.322786
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Hungary's Orban jubilant at Trump victory as he hosts EU leaders
Hungary's Orban jubilant at Trump victory as he hosts EU leaders / Photo: ZOLTAN FISCHER - X ACCOUNT OF HUNGARY'S PRIME MINISTER VIKTOR ORBAN/AFP/File

Hungary's Orban jubilant at Trump victory as he hosts EU leaders

Hungarian Prime Minister Viktor Orban will host dozens of European leaders in Budapest later this week boosted by his "dear friend" Donald Trump's US election victory, but with relations with other EU states increasingly strained.

Text size:

The nationalist leader has faced a backlash for his country's norm-defying EU presidency, which saw him jetting to Moscow right after taking over the six-month stint in July. His frequent attacks on Brussels and fellow leaders have also left him isolated.

But Orban was jubilant Wednesday as Trump swept the key swing states of Pennsylvania and North Carolina, calling his election win "perhaps the greatest comeback in Western political history.

"They threatened him with jail, have taken away his assets, tried to murder him, the entire media world in the US turned against him, and yet he won," he wrote on Facebook.

Hungary will host the European Political Community (EPC) summit on Thursday, followed by an informal EU leaders' meeting on Friday.

But the US presidential election is likely to overshadow the official agenda.

Trump's victory over Democratic vice-president Kamala Harris will give Orban a "clear advantage" at the upcoming meetings, said analyst Lukas Macek of Jacques Delors Institute, speaking before Americans voted.

He said Orban had taken a gamble on wholeheartedly supporting the man who he calls a "dear friend". Had Harris won, it could have risked "weakening him, even domestically", the expert had warned.

- 'Make Europe Great Again' -

Hungary has vowed to use its EU presidency to push for its "vision of Europe" under the motto "Make Europe Great Again", an echo of Trump's rallying cry.

Orban -- who opposes military aid to Kyiv -- had predicted that Trump's return to power will bring peace to Ukraine, hoping it will force the EU to re-examine its stance on the war.

"If the Americans are switching to peace, then we must also adapt," he told state radio over the weekend.

Orban -- the only EU leader to maintain close ties with the Kremlin after Russia's invasion of Ukraine -- has been banking on Trump to emerge victorious.

There is speculation that Orban will try to organise a video call with Trump, but diplomats are sceptical.

"Orban is known for pulling off things like this, but it's still difficult to arrange at a summit," an EU diplomat told AFP.

But another diplomat stressed that Hungary "usually sticks to the programme and the agenda" when chairing meetings.

- 'False good idea' -

Orban infuriated fellow leaders in July by conducting breakaway diplomacy with Moscow to explore a path to ending the war in Ukraine.

He stoked anger again last month by travelling to Tbilisi to show support for Georgia's ruling party after a disputed parliamentary election.

While international observers, the EU and the United States criticised electoral irregularities and demanded a full investigation, Orban declared the vote was "free and democratic".

Meanwhile, he has publicly accused Brussels of wanting to impose a "puppet government" in Hungary.

The European gatherings will take place in Budapest's Puskas arena -- a football stadium named after legendary Hungarian-Spanish player Ferenc Puskas -- reflecting Orban's avid passion for the sport.

Despite the brewing tensions, the summits are unlikely to be affected by an unofficial boycott of Hungary's presidency, which has seen multiple ministers and high-level officials skipping informal meetings.

Last week, European Council president Charles Michel cautioned against boycotting the meetings, calling the notion a "false good idea".

But according to analyst Macek "patience is wearing thin" with Hungary's premier and "at some point, the EU may have to step up pressure".

He anticipates a "cold atmosphere" at the Budapest summits "but at the same time, as always in these circumstances, appearances will be kept to a minimum."

"Many participants will find ways to make Orban understand their disagreements."

(B.Hartmann--BBZ)