A video clip of Hungarian Prime Minister Viktor Orbán and Argentinian President Javier Milei sharing a light-hearted moment during the inauguration meeting of the Board of Peace has gone viral on social media.
In the clip, Milei imitates singing into the microphone placed before him while an Elvis Presley song plays in the background, hugging Orbán and exchanging a few words while laughing. The moment of friendship was quickly picked up by several right-wing accounts on X, comparing it to sitting next to one’s best friend in class.
In his speech during the meeting, US President Donald Trump endorsed Viktor Orbán for re-election ahead of the upcoming April vote, praising him for his hard stance against illegal migration. He also noted that he had endorsed several other world leaders, including Milei, who won in a ‘landslide’ after being supported by Trump.
Orbán attended Milei’s inauguration back in 2023, where the two leaders held a bilateral meeting, emphasizing cooperation against the ‘international left’ and forging stronger ties between conservative governments.
Washington provided Buenos Aires with a similar ‘financial shield’—a currency swap agreement worth up to $20 billion—to what US Secretary of State Marco Rubio confirmed earlier this week for Hungary ahead of the crucial election in April. The currency swap deal is designed to protect a country’s economy from external, speculative, or political attacks.
The agreement between Trump and Milei was made before the midterm elections in Argentina, during which the president’s party made significant gains. At the beginning of 2026, Buenos Aires repaid the full amount of the $2.5 billion used under the currency swap framework.
Orbán is preparing for a closely watched election in April, where Brussels is openly backing his opponent, Fidesz defector Péter Magyar and his Tisza party. Magyar campaigns on a pro-EU platform, promising to ‘bring home’ EU funds withheld by the European Commission since the end of 2022 on biased grounds due to Hungary’s hard stance on illegal migration, gender issues, and its advocacy for peace in the war in Ukraine.
The currency swap agreement between the United States and Hungary is intended to moderate or neutralize Brussels’ financial blackmail, ensuring a level playing field ahead of the vote.
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