Viktor Orbán, the financier of Europe's far-right

Thursday, Oct 10, 2024

Hungarian bank finances far-right parties across Europe, including Vox and AUF1, linking them to Russian interests.

🔗 Read the article on hvg.hu


[This is an automatically generated summary, for reference only]

Hungarian financier Lőrinc Mészáros’s bank is financing the rise of far-right movements across Europe, including France and Spain, and also supporting Austrian media outlets linked to the Freedom Party (FPÖ). The AUF1 television channel, supported by an association with a Hungarian bank account, is connected to Mészáros and a Hungarian state financial institution. This network has been exposing founders of the “Patriots for Europe” alliance, which supports Hungary’s sovereign but anti-EU policies and does not reject Russian or Iranian ties. The Spanish Vox party received funding from MBH Bank for its 2023 election campaigns, mirroring support given to France’s National Front by MKB Bank. While Vox claims the loans were necessary due to lack of domestic funds, Viktor Orbán defended his bank’s lending decisions against criticism. Despite government assurances that banking is separate from politics, Vox relies heavily on state funding (75% in Spain), supplemented by private donations, some traced back to Iranian emigrants linked to anti-terror groups. The Hungarian ruling party has aligned with the Spanish Vox leadership in the European Parliament. Similarly, Italy’s League leader Matteo Salvini has ties to Orbán, though his party faces financial issues and past controversies involving Russian funding inquiries. Meanwhile, the FPÖ is benefiting from state support and media outlets that receive donations through a Hungarian bank account linked to Mészáros’s network.


🔗 Read the original article

© 2026 Pulse - Europe beyond the beat


PULSE is an initiative for cross-border collaborative journalism in Europe co-funded by the European Commission under Grant Agreement n. PO 4500158093.

PULSE is an initiative coordinated by OBCT that has been promoting intensive journalistic cross-border collaborations in Europe since 2024. Its main aim is to help strengthen the European public sphere by reporting on and telling stories from new and diverse perspectives.

At the heart of PULSE are 10 leading national news outlets (Delfi – Lithuania, Deník Referendum – Czechia, Der Standard – Austria, EfSyn – Greece, El Confidencial – Spain, Gazeta Wyborcza – Poland, HotNews – Romania, HVG – Hungary, Il Sole 24 Ore – Italy, Mediapool – Bulgaria) and three transnational organisations, including OBCT , n-ost and Voxeurop .

Additional outlets and journalists are involved as associate partners, including EUobserver , Føljeton (Denmark), H-Alter (Croatia), Levila (Estonia), Rubryka (Ukraine), and The Journal Investigates (Ireland).

PULSE is driven by a sort of virtual transnational newsroom made up of journalists from all the publications involved. It collaboratively produces new journalistic content on European issues on a daily basis, coming in many different languages. The editorial output amounts to over a thousand publications per year, mostly in article form.

PULSE also runs 4 thematic networks open to any European journalist interested in crucial issues such as EU enlargement, relations between the EU and other global powers, the EU’s green transition, or media and the information society. These networks function as online communities and periodically publish calls for pitches.