Why transferring defense firms matters

As Europe ramps up its defence spending, Hungary’s Prime Minister Viktor Orbán has handed over his country’s entire defence industry to a trusted business ally. Journalist Jesse Pinster uncovers how EU money and state assets are being funnelled into the hands of Orbán’s inner circle — continuing a pattern of cronyism that’s reshaped Hungary over the past decades. Despite growing concerns in Brussels, the EU still struggles to hold one of its most troublesome members to account.