BREAKING: Euronews bought by Orbán-close company
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According to leaked documents, an Orbán-close company bought Euronews, a European television news network headquartered in Brussels, by ultimately using Hungarian taxpayers’ money.
Government-close businessman bought Euronews
Three years ago, many were shocked to read that one of PM Orbán’s old friends and advisors, the son of a Portuguese politician, bought Euronews, Europe’s international TV channel. They refer to themselves as a news hub covering world news from a European perspective. Furthermore, they reach 400 million households in 160 countries in the world with their multilingual news service.
According to Direkt36, the acquisition happened using the Hungarian taxpayers’ money and through one of the companies of Gyula Balásy. 444.hu writes that Balásy is one of the Hungarian businessmen getting rich with the help of Antal Rogán, the minister of the Cabinet Office of the Prime Minister, often mentioned as Orbán’s propaganda minister.
Direkt36, Le Monde and Expresso revealed multiple documents stating that the EUR 150 million business was financed by Hungarian state and government-close players.
Who is the buyer?
In 2021, a Portuguese investor, the Alpac Capital, bought Euronews. The CEO of the company is Pedro Vargas David, a Portuguese businessman. He has a joint investment company with the Hungarian state-owned Exim Bank. Furthermore, he has interests in the 4iG, a Hungarian company that bought Vodafone Hungary with the government. His father is Mario David, a right-wing Portuguese politician. Mr David has been a friend of Viktor Orbán for decades. What’s more, before the purchase, Orbán employed him as his advisor.
The Hungarian press already knew that before Direkt36’s fact-finding article. However, we did not know that a Hungarian state fund gave EUR 45 million for the acquisition. The Széchenyi Alapok (Széchenyi Funds) placed that money in the European Future Media Investment Fund, the fund actually buying the pan-European TV channel.
Maybe the news of farmers revolt against the EU will be reported on that been going on for 4 months
Fidesz will be putting out pro-Russian propaganda through Euronews to undermine the EU, NATO and European security. It is a further extension of Putin’s hand into Europe.
Everything that Orban does …..he is accused of being a “ Putin puppet” and here is just another example of this .
If Orban says No to the Brussels Elites, the left will say “ he did this because Putin told him to !”
All the Left can offer is : Gay marriage, Tran gender teaching to 7 year olds in schools where the Teachers are leftwing Nut jobs from hell” …..how to obey the EU and Von Der Liar, how to enjoy telling the World about gay Sex in the Ass !
This is why Orban keeps winning Elections ; he supports common sense and refuses to be an EU Slave
Abe. You really do eat up that right wing religious fundamentalist neo nazi BS.
abe, I’m really sorry for you. Open your eyes…
tm, please prove it
thank you for shiring