Europe
‘National-conservative’ CPAC convenes in Budapest
The Conservative Political Action Conference (CPAC), the standard-bearer of the global “national-conservative” movement, will convene tomorrow in Budapest.
The CPAC Hungary event aims to mark the European right’s “transition to activism and proactivity.” This statement was made by the director of the “Center for Fundamental Rights,” the organizer of CPAC Hungary.
Speakers at the event, established in 2022 as an extension of CPAC in the US, include leaders of the right-wing alliance Patriots for Europe (PfE), which currently forms the third-largest group in the European Parliament and includes the French National Rally (RN), the Austrian Freedom Party (FPÖ), the Italian Lega, and Hungarian Prime Minister Viktor Orbán’s party Fidesz.
Right-wing politicians from North and South America, Australia, and Israel are also expected to attend the event. Among its aims is the creation of a global network. This year’s CPAC, emboldened by the prospect of Trump’s return to the White House, has declared its goal to “conquer Brussels” after the White House.
CPAC: From a marginal Republican organization to a global network
CPAC has been organized by a Republican group in the US since 1974.
Initially designed as a networking meeting with a limited number of participants, the conference transformed into a major event with thousands of guests starting in the 2000s.
Aligned with Trumpian Republicans for over a decade, the conference offers its activists and supporters an opportunity to come together, exchange ideas, and develop relationships.
Since the beginning of US President Donald Trump’s first term in 2017, the event’s organizers have been working to expand their structures worldwide.
CPAC was established in Japan in 2017, in South Korea, Australia, and Brazil in 2019, in Mexico and Israel in 2022, and in Argentina in 2024.
In 2019, the organizers of the original CPAC began exploring Budapest to create an impact in Europe, and the first CPAC Hungary finally took place in 2022.
Organized by the Center for Fundamental Rights (Alapjogokért Központ) in Budapest, the event is held annually. Founded in 2013, the Center for Fundamental Rights operates on the basis of “national identity, sovereignty, and Christian traditions” and is an organization close to Prime Minister Viktor Orbán.
Conquering Brussels after the White House
While CPAC Hungary has primarily focused on bringing together right-wing activists, publicists, and politicians from around the world, things seem to be starting to change.
While the events in 2022 and 2023 primarily aimed at strengthening and connecting their own structures (the slogan for 2023 was “Together we are strong”), CPAC 2024 is cautiously signaling a move towards an offensive.
Miklós Szánthó, director of the Center for Fundamental Rights, the organizer of CPAC Hungary, explains that under the slogan “Woke slayers – let’s drain the swamp,” the organization has become “a bit more combative,” and the focus has shifted to “a transition to activism and proactivity.”
Szánthó states, “We must take the lead… . We must disrupt the liberals’ plans.” Regarding this year’s CPAC and its slogan (“The Age of Patriots”), Szánthó argues that “they must usher in the age of patriots, and they can only do this together.”
The Hungarian organizer, pointing out that a social concept they believe in has reached the White House across the Atlantic, also notes that in Europe, there is now a “very distinct right-wing movement” that is no longer limited to “small or even fragmented parties.”
Recalling that these parties are already in power in Italy, Szánthó emphasizes that there is also a strong right-wing current in Spain, France, and Germany, and underlines that their goal is the “conquest of Brussels.”
Ensuring the right’s victory as the status quo collapses
Szánthó explains that this year’s CPAC Hungary is taking place in a “new situation,” referring to the rise of the right in Europe and other Western countries.
“The status quo is collapsing,” says the Hungarian official, arguing that this situation clearly stems from the “Trump tsunami.”
“Our American friends are currently at the forefront of changing the status quo,” says Szánthó, while also pointing out the importance of Americans understanding that the strengthening of the European right in alliance with them is in their own interest.
According to Szánthó, the victory of the European right also guarantees the success of the American right.
Europe’s new right meets
Among the right-wing forces within the EU, CPAC Hungary is particularly close to the Patriots for Europe (PfE) party. PfE is the third-largest faction in the European Parliament with 84 members.
Politicians from various PfE member parties have been announced as speakers at CPAC Hungary. These include former Frontex head Fabrice Leggeri, who is a member of the French RN, Herbert Kickl, the leader of the Austrian right-wing FPÖ, Santiago Abascal from Spain’s Vox party, and Afrodíti Latinopoúlou from Greece’s Foní Logikís party.
Former Polish Prime Minister Mateusz Morawiecki (PiS) and former Czech Prime Minister Andrej Babiš (ANO) will also attend the conference. Additionally, Krzysztof Bosak, Deputy Marshal of the Sejm from Poland’s Konfederacja (Confederation) party, will be present.
Hungary will be represented by several government members, including Foreign Minister Péter Szijjártó. Many Republican politicians from the US will also attend the conference. Among the Americans are well-known publicists like Ben Shapiro.
Israel’s Likud party to be in Budapest
Israeli politicians have also been announced to speak at CPAC Hungary. At the PfE summit held in February, Israeli Prime Minister Benjamin Netanyahu’s party, Likud, received official observer status in PfE.
According to CPAC, Israeli Diaspora Minister Amichai Chikli will travel to Budapest. Chikli caused protests in Europe in July 2024 by speaking in favor of Marine Le Pen and her party RN before the French parliamentary elections.
In early December, he also caused great outrage by expressing sympathy for right-wing candidate Călin Georgescu, who, after the first round of presidential elections in Romania, announced that he would move his country’s embassy to Jerusalem if he won.
Georgescu had praised Corneliu Zelea Codreanu, the historical leader of Romanian fascists, as a “hero”; Codreanu’s Legionary Movement was involved in numerous murders, including the massacre of Romanian Jews.
Other speakers include the prime minister’s son, Jair Netanyahu, and Likud MK Ariel Kallner.
Following the October 7 Al-Aqsa Flood Operation, Kallner had called for a “Gaza Nakba” that would “overshadow the Nakba of ’48.”
Latin America’s dictatorship sympathizers also come to Europe
Other notorious right-wingers are also attending the event. The participation of José António Kast from Chile’s “far-right” Partido Republicano de Chile has also been announced.
Kast is considered the Chilean political counterpart of Brazil’s Jair Bolsonaro and Argentina’s Javier Milei. The Chilean right-winger has expressed sympathy for former dictator Augusto Pinochet in the past and received more than 44% of the votes in the second round of the presidential elections in Chile in 2021.
Kast will run again in the next presidential elections at the end of this year.
Among those planning to attend in Budapest are Raúl Latorre, President of the Paraguayan Chamber of Deputies and member of the conservative Partido Colorado, and right-wing Argentine journalist Agustín Laje, who is close to Milei.
Europe
EIB to unveil 15 billion euro tech initiative to scale European startups
The European Investment Bank (EIB) will announce a €15 billion initiative today, in collaboration with EU capitals and private investors, aimed at supporting the growth of European technology companies.
For decades, startups on the continent have struggled to raise the large-scale funding rounds necessary to scale on this side of the Atlantic, frequently turning to US investors or relocating abroad as they expand.
“We are catching up. Now we need to accelerate,” EIB President Nadia Calviño said.
Under the existing European Tech Champions Initiative, the EIB had already pooled resources with six EU governments to establish funds that invest in high-growth companies across the EU.
Calviño described the initiative as “very successful,” noting that it has supported 12 European “unicorn” companies valued at over $1 billion, including the German artificial intelligence translation firm DeepL.
The bank is now expanding the program with a new phase nearly four times the size of the original.
Twenty-five EU governments, alongside private investors such as Santander and Danske Bank, are expected to participate in the program.
This initial €15 billion aims to mobilize up to €80 billion in total investment. Calviño stated that this estimate is based on the multiplier effects achieved under previous programs.
As part of these efforts, the EIB also aims to attract European pension funds, which manage immense pools of capital but have historically allocated fewer resources to technology investments compared to their US counterparts.
In addition to the new funding, Calviño noted that the EIB will create a platform providing a single point of access for existing European scale-up initiatives, including the European Commission’s Scaleup Europe Fund, France’s Tibi initiative, and Germany’s Win initiative.
Europe
Germany to purchase US Tomahawk missiles to build own long-range strike capability
Germany will purchase Tomahawk cruise missiles from the United States and deploy them on German territory, Chancellor Friedrich Merz announced on Thursday.
The move marks a shift away from planned US deployments and toward Germany establishing its own long-range strike capability.
Merz told lawmakers that he finalized the agreement with the US government during the NATO summit in Ankara, adding that the talks held on Tuesday and Wednesday had exceeded his expectations.
“While we close a critical strategic gap in our defense, we are also working to develop our own European systems and deploy them in Europe,” the Chancellor said.
According to German government sources, Washington committed in a letter of intent signed on Tuesday to approve Germany’s acquisition of Tomahawk missiles and their land-based Typhon launchers in August.
The number of missiles and launchers Germany plans to purchase was not disclosed because the information is classified.
The planned acquisition appears aligned with US President Donald Trump’s pressure on European allies to cover their own security costs, such as by purchasing US weapons.
The fate of the Tomahawk procurement had become uncertain after Trump announced in May that he would reduce the US military presence in Germany.
That development was seen as a cancellation of a plan made under the previous administration to deploy a US battalion equipped with long-range Tomahawk missiles to Germany.
That original plan was designed as a temporary solution to serve as a strong deterrent against Russia while Europeans developed their own versions of such weapons.
Germany produces its own cruise missile, the Taurus, but its range of approximately 311 miles is three to five times shorter than that of the Tomahawk missiles.
Europe
Apple loses EU court appeal over Digital Markets Act gatekeeper designation
The General Court of the European Union has rejected Apple’s challenges against its “gatekeeper” status designated under the Digital Markets Act (DMA).
With this ruling, the company’s designated status for the App Store and iOS remains valid, while its applications regarding iMessage were also rejected.
Apple had argued that the five separate App Stores it operates for the iPhone, iPad, Apple Watch, Mac, and Apple TV should be evaluated as distinct, individual services.
The court rejected this argument, ruling that these stores serve a common purpose of connecting developers and users, regardless of the specific device.
The court also dismissed Apple’s defense that the DMA’s interoperability obligations violate its fundamental rights.
However, it did not conduct a substantive assessment on the legality of this obligation, stating that a direct legal link could not be established between the regulation in question and the determination of “gatekeeper” status.
Following the ruling, Apple argued that the obligations under the DMA “exceed the boundaries of legality and proportionality.” The company asserted that the new rules jeopardize the work it has carried out for years to ensure user privacy and security.
Apple retains the right to appeal the decision, though a company spokesperson did not comment on whether there are plans to do so.
Apple previously declared that DMA rules prevented the launch of the updated version of Siri in Europe, resulting in European users being unable to benefit from the service.
In force in the European Union since 2024, the DMA covers a total of 22 services and products belonging to Alphabet, Amazon, Apple, ByteDance, Meta Platforms, and Microsoft.
The regulation obliges these companies to share certain data with competitors, provide access to user-generated data, and offer verification tools to advertising partners.
Additionally, it prohibits platforms from engaging in anti-competitive practices that favor their own products. Companies failing to comply with the rules face fines of up to 10% of their global turnover, which can rise to 20% in cases of repeated violations.
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