A weekly look at what matters in Brussels and across Europe with Maria Tadeo.
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May 2, 2026

This week I was in Brussels, which is rare, as I usually end up travelling for work, so I spent more time than usual in the office.

Enough to remind me of the daily miracle that putting together a TV show entails, and the long and often tough hours this job brings with it—perhaps because it’s not really a job; journalism is a vocation. I have now been in this role for seven months. Waking up at 5.30am and taking your last call at 9pm would be a lonely experience without my team. As I said on day one, the strength of Euronews lies in its journalists, and I am proud to call them my colleagues.

On to politics: this week German Chancellor Friedrich Merz became the latest EU leader to receive a cold shower from Donald Trump. By now, this should come as little surprise: the idea of a so-called European “whisperer” is largely a myth, with little value beyond raising the media profile of the whisperer du jour. From Meloni to Macron to Stubb, there is no Trump whisperer in Europe.

Returning to Merz, the chancellor said this week he was disappointed with how the war in Iran is going. Granted, for the European Union, it has come with an additional €24 billion energy bill, according to the European Commission. Merz also warned that the US risks humiliation at the hands of the regime in Tehran, which continues to choke global oil supplies. 

Trump responded not with operational detail on the Strait of Hormuz, but by threatening to withdraw US troops stationed in Germany via NATO and urging the chancellor to “fix his broken country”. But the biggest blow came on Friday, when the US president threatened tariffs of 25% on European cars, striking at the heart of the German economy: the automotive sector. The Commission said it would keep its options open “to protect the EU’s interests” in response.

With what credibility? A year-long appeasement strategy has yielded no results.

If you have any comments, you can email me at maria.tadeo@euronews.com 


— Maria Tadeo

 

Magyar looks for cash and the EU will provide

Hungary's incoming prime minister and the internet's favourite tour guide, Péter Magyar, made his much-anticipated debut on the Brussels scene this week.  The timing is notable, as he had promised to visit Vienna and Warsaw first. But when Brussels calls, you go. 

Why? He needs cash soon—or rather, Hungary is racing to secure billions in EU funds blocked under Viktor Orbán ahead of an August deadline. If Magyar does not strike a broad agreement with the EU institutions by then, €10 billion tied to the post-pandemic recovery fund handled by the Commission could go to waste. For an economy the size of Hungary, the amount is significant. 

By now, there is no need to explain that Magyar cares about the vibes, the visuals, and that it all gets documented on social media. His Facebook posts and TikTok videos served him well during the campaign, as his Tisza Party crushed Fidesz in the 12 April election. And that is all we journalists got from the visit. Magyar took no questions and did not address the press beyond a photo op with top EU bosses Ursula von der Leyen and António Costa. (I tried to join the photographers’ pool, but I showed up without a camera. How inconvenient!)

A Tisza Party official told us that Magyar will take questions from Brussels reporters, but that “now isn’t the time". Why? Because technically, he is not yet the prime minister (he will return to Brussels on 25 May as PM and then attend his first European Council in June) and strictly speaking cannot handle official Brussels business. But the visit was more than a formality; it was a necessity. 

The new government will have less than four months to undo years of clashes, spats and blocked funds under Orbán. Both sides say they are on the right track and described the talks as “highly productive" (Brussels jargon to say it went relatively well). But they also agree that important obstacles remain.

For Magyar, the challenge is twofold. 

He will have to deal with the often brutally bureaucratic machinery of the European Commission, which speaks in “machine-says-no” English, achieved milestones, and regulatory amendments. For that, the 45-year-old, who has never held a high-level political job, is leaning on Anita Orbán, his future foreign minister, who bears no relation to that other Orbán.

As I wrote in the first edition of Off the Record, back in February, Anita Orbán accompanied Magyar during his meetings at the Munich Security Conference where she made a good impression as someone who knows her stuff. In Munich, Magyar also held a bilateral meeting with the Polish delegation led by Prime Minister Donald Tusk, which should come in handy, as Warsaw is where Magyar will be looking for inspiration on the road ahead.

His team has already indicated, as Euronews first reported, that it will review and audit plans sent to Brussels by Orbán for a major defence programme financed through low-interest loans backed by the Commission, with €17 billion at stake. Tisza fears the original draft may have misused allocated funding. In any case, the plan has not yet been approved by the European Commission, which coincidentally chose to put it on hold until after the election result.

As you know, the Commission likes to say funding is based merit, but the truth is that money is also political. For Magyar, that means working with the EU while not being perceived as a yes-man to von der Leyen. In fact, while he vowed that “soon” the cash will arrive in Hungary, he also said it will not come at the expense of national interest. That is very much a message to his domestic audience, and it is quite revealing of the tensions he will have to navigate.

For the Commission, which has been busy briefing that the cash will not come for free and that goodwill must be matched by reforms when it comes to rule of law, the optics of the deal are also important. Brussels will have to show that if billions of euros are handed to Budapest, there is merit for it. 

There is a path, but also a cautionary tale from the Polish case. 

The Commission approved €137 billion in EU funding in 2024, just months after Tusk returned to government as a committed pro-European Pole and the antithesis of the Kaczyński-led Law and Justice (PiS). Fast-forward to 2026, and Tusk is struggling to make good on his election promises, largely as a result of presidential vetoes controlled by Law and Justice. With Hungary, the Commission does not want to see a repeat of the same scenario.

If you ask me, Hungary will get the cash this summer, and if it cannot unlock the full envelope, it will be granted a partial extension because money is politics. For both, this is a once-in-a-generation opportunity to reset the troubled relationship between Hungary and the European Union.  The fact that both sides are saying it will be tough only confirms my thesis. In Brussels, a deal has to be seen as being difficult— at the Berlaymont and back home. It’s all part of the deal.



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China brings the hammer on “Made in Europe”

This week, China came in guns blazing over a string of legislative proposals introduced by the European Commission to bolster Europe’s industrial base, reduce dependencies on external countries and boost homegrown technology. 

Beijing cried foul in a rather punchy statement, calling for dialogue but also warning that it would consider countermeasures — diplomatic shorthand for retaliation — if the EU goes ahead with the implementation of its Industrial Accelerator Act and the Cybersecurity Act in their current form

Why does China care so much about the European market? 

Because it is large, profitable and deeply integrated — and because, until now, it has been able to compete supported by massive state subsidies, without much pushback.  But that is changing, as the Commission has taken a more assertive tone, largely driven by a more hawkish turn under Ursula von der Leyen.

Coupled with two traumatic events for European industry last year: the introduction of aggressive tariffs by Donald Trump and the weaponisation of rare earths by Chinese authorities. The combination of the two has accelerated a series of legislative proposals aimed at strengthening “Made in Europe”.

China has a very particular way of conducting diplomacy. So, it was unusual when a group of journalists, including my colleague Peggy Corlin and me, were invited to attend a press briefing this week to ask questions.

During the briefing, Chinese officials argued that the measures introduced by the European Commission (which are yet to be approved) — curbing foreign investors exceeding 40% of global capacity in batteries, electric vehicles, photovoltaics and critical raw materials — have been designed to limit China’s influence. And no wonder why — let’s just look at the numbers.

China reported a trade surplus of nearly $1.2 trillion in 2025, the highest on record. In its bilateral relationship with the EU, the gap between what it exports and what it imports from Europe has continued to widen in Beijing’s favour.

For years, Brussels has warned that such a deficit — which ballooned to a fresh high of €359 billion last year — is simply unsustainable, both economically and politically. Even more concerning for Europeans is that the trend shows no sign of improving. Figures for the first quarter suggest 2026 could be even worse.