Investigative platform uncovers: Orbán finances anti-immigration advertising in 7 EU countries

Publicerad denFörfattareAnna Drujan

The Hungarian non-profit organization “Direkt36” has proven the importance of investigative journalism: it has uncovered that Viktor Orbán has financed xenophobic online advertising – in the Czech Republic, Poland, Slovakia, Italy, Austria, Germany, and Belgium. Was Orbán trying to influence elections in other EU countries? Evaluations by the “Google Advertising Transparency Center” also point to this.
In autumn 2023, the cabinet office of Hungarian Prime Minister Viktor Orbán apparently placed video advertisements with inflammatory anti-immigration statements on YouTube. The explosive thing about this is that the ads were not only shown in Hungary, but also in seven other EU countries. The xenophobic videos were distributed in the Czech Republic, Poland, Slovakia, Italy, Austria, Germany and Belgium.
This was reported by the Hungarian investigative platform “Direkt36“. Together with VSquare.org, they found out that these ads were viewed between 8 and 9.7 million times by users. This allowed them to draw public attention to Orbán’s alleged election interference.
Did Orbán’s ads influence elections in other EU countries?
At the time the ads were placed, there were election campaigns in four of the seven countries. Slovakia and Poland elected a new parliament in the fall, while Germany and Italy elected new representatives on the municipal level. The advertising placements in Slovakia were particularly intensive. They were displayed between 1.6 and 1.8 million times on screens there. Theoretically, the campaign could have reached around a third of the entire population. The Slovakian government has already reacted to the possible influence:

“As a government and personally as Minister of Defense, I have been informed about the interference of the Hungarian government in the Slovakian electoral system and processes. This also includes the deliberate highlighting of issues such as migration, which was a top priority,” said Jaroslav Naď, Slovakian Minister of Defense from 2020 to May 2023.

The importance of investigative journalism during elections
The content of the promotional videos incites fear of refugees and is reminiscent of videos by the Alt-Right. They were produced in English and can therefore be understood by most of the European population. The suspicion arises that anti-immigration sentiment is being promoted in seven EU countries.
It remains to be seen how this should be dealt with. If Hungary really wanted to influence elections, then extreme caution is required in the EU elections. The work of investigative platforms such as Direkt36 and VSquare is therefore essential for the election campaign period in the upcoming months. Because at a time when we can expect a swing to the right in the European Parliament, only the early exposure of such scandals can ensure fair elections.
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EU adopts the World’s first Regulation on Cryptocurrencies

Publicerad denFörfattareScoop Editorial

The EU-Parliament passed a law to regulate cryptocurrencies like Bitcoin more strongly. The new regulation will protect consumers from losses, and it will make money laundering and terrorist financing more difficult. In addition, providers are to be held liable in the event of massive losses. With the new law, Europe wants to end the “wild west of the blockchain world”.
On 20 April, the EU-Parliament passed the so-called “Regulation on Markets in Crypto Assets” (MiCA) with a large majority. Until now, it was possible to trade cryptocurrencies largely anonymously. Bitcoin & Co. are therefore popular with money launderers and fraudsters. This is now to come to an end.
Crypto exchanges will be subject to national supervisory authorities
Insider trading and abuse of power are to be made more difficult by the regulation. Service providers and suppliers of crypto-assets must submit to money laundering regulations. In addition, platforms and crypto exchanges will be subject to national supervisory authorities. Those platforms on which cryptocurrencies can be traded must also provide information about the sender and recipient of the transactions.
This is the first law to comprehensively regulate cryptocurrencies such as Bitcoin, Etherum, etc. Evelyn Regner, Vice-President of the EU Parliament, comments on the decision:
“With this law, we are not only creating a model for the regulation of crypto markets, but above all strengthening the protection of consumers and investors and increasing legal certainty for providers.
EU Regulation on Cryptocurrencies makes money laundering and terrorist financing more difficult
At the same time, the regulation ensures that trading with Bitcoin & Co. can be better tracked. Suspicious transactions that are related to money laundering or terrorism, for example, can thus be identified more quickly.
“This is long overdue, because under the guise of innovation, cryptocurrencies are often a convenient way to cover up criminal money flows. A whole 22 billion euros were laundered through crypto assets in 2022. This must now be put to an end,” Regner said.
The regulation is to come into force in stages from 23 June. From July 2024, crypto-assets tied to currencies – so-called stablecoins – will then have to prove larger financial reserves in order to be approved. The complete regulation will then come into force in January 2025 at the latest. The “Wild West of the blockchain world” will thus come to an end, according to European Parliament member Stefan Berger.
Bitcoin mining consumes as much energy as the whole of Austria every year
However, Regner points out that the EU’s regulation on cryptocurrencies is only a first step: “However, not all the work is done with the regulation adopted today, because crypto markets continue to develop rapidly. Therefore, the EU Commission should continue to closely monitor developments in the crypto asset markets and propose further regulation if needed.”
Especially in the area of sustainability, it is imperative to tighten up: “Bitcoin mining alone consumes as much energy annually as the whole of Austria. Therefore, in the future, we will also need minimum standards for sustainability, which have not made it into the regulation for the time being due to considerable resistance from the centre-right.” Läs mer…