world

‘Strongman’ leaders of Europe don’t look so strong anymore


Hungarian Prime Minister Viktor Orban looks on as he attends a press conference during the informal EU Summit at the Puskas Arena, in Budapest, Hungary, November 8, 2024. 

Marton Monus | Reuters

So-called “strongman” leaders of Europe — most of whom are allied with the likes of U.S. President Donald Trump and Russia’s Vladimir Putin — look increasingly weak, analysts say, with their popularity waning ahead of key elections.

Trump’s inauguration was expected to give a shot in the arm to nationalist-populist leaders and parties such as Hungary’s Viktor Orban, Slovakia’s Robert Fico, Germany’s right-wing AfD party and Marine Le Pen and her National Rally party in France. But such a boost is not a foregone conclusion, as domestic pressures and economic challenges weigh on their popularity and power.

“The re-election of Donald Trump for a second term in the U.S. had seemed to be a clarion call for a structural political shift towards similarly populist, MAGA style movements across Europe,” Timothy Ash, senior emerging markets strategist at RBC Bluebay Asset Management, said in emailed comments Thursday. MAGA refers to “Make America Great Again” — a slogan that has historically underpinned Trump’s nationalist campaign.

“Actually what we are seeing is a somewhat mixed picture across Europe, and actually with many of Trump’s apostles being on the back foot,” Ash said.

‘Strongman’ leaders no more?

In this pool photograph distributed by Russian state agency Sputnik, Russia’s President Vladimir Putin (R) shakes hands with Slovakia’s Prime Minister Robert Fico (L) prior to their talks in Moscow on December 22, 2024.

Gavriil Grigorov | Afp | Getty Images

Orban and Fico are seeing dwindling popularity ratings at home and rising dissatisfaction with their leadership among the public and in parliament. Orban’s poll ratings have been falling, while those of his main political rival Péter Magyar have been on the rise. Fico, meanwhile, narrowly avoided a vote of no confidence motion in January after his political opponents abandoned the move.

Both men could face defeat at the ballot box in the near-future, analysts say, with parliamentary elections due to be held next year in Hungary, and in 2027 in Slovakia — although a vote could take place earlier given a deepening political crisis for Fico in which his government looks increasingly vulnerable.

“Despite the opposition’s withdrawal of a no-confidence motion earlier in January, last week Prime Minister PM Robert Fico saw his governing coalition lose its majority in parliament after four MPs withdrew their support,” Andrius Tursa, Central and Eastern Europe advisor at risk consultancy Teneo, said in emailed comments Monday.

“In addition, Fico faced some of the largest public protests since 1989 in opposition to his government’s increasingly pro-Russian foreign policy. More demonstrations are planned this week. In the meantime, the latest opinion polls show that opposition Progressive Slovakia has overtaken SMER-SSD [Fico’s left-wing populist party] as the most popular party in the country,” Tursa added.

European Commission President Ursula von der Leyen, Hungarian Prime Minister Viktor Orban and European Council President Charles Michel pose following a press conference during the informal EU Summit at the Puskas Arena, in Budapest, Hungary, November 8, 2024. 

Marton Monus | Reuters

Meanwhile, in Hungary, Fico’s ally Orban is under increasing domestic pressure this year, with the rapid increase in popularity of opposition leader Peter Magyar and his Tisza Party.

Various opinion polls since November have showed Tisza pulling ahead of Orban’s Fidesz party, with 35%-45% support among decided voters — about four to six percentage points ahead of Fidesz. If that trend continues, anti-EU populist Orban could lose the 2026 election.

“Orban and Fidesz’s media are relentlessly emphasizing his international and diplomatic importance through his contacts with Trump, Russian President Vladimir Putin, and Chinese President Xi Jinping, as well as his ‘wise’ peace efforts in the Ukraine war and the ostensible great diplomatic achievements of Hungary’s EU presidency,” analysts at the political risk consultancy Eurasia Group said in a note in January.

“But the reality is that Orban is facing his most difficult year since first coming to power in 2010. This will further undermine his ability to hijack — let alone drive — the EU’s agenda as the bloc’s preeminent populist leader,” they added.

A reprieve for Brussels?

Joint Press Conference of President of the European Commission Ursula von der Leyen, President of the European Council Antonio Costa and Prime Minister of Hungary Viktor Orban after the end of the European Council Summit, the meeting of the EU leaders at the headquarters of the European Union in Brussels, Belgium on December 19, 2024.

Nurphoto | Nurphoto | Getty Images



Source link:www.cnbc.com

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button