Wed 2 Sep 2026
FTSE 100 10,729.25 -1.44%Microsoft 501.02 +1.89%NVIDIA 217.44 +2.06%Apple 325.13 +4.91%Google 332.03 -3.29%S&P 500 7,631.47 -0.60%Nasdaq 26,099.77 -0.20%Dow 52,766.88 -1.51%Russell 2000 2,920.13 -2.99%US 10Y Treasury 4.80% +2.83%Euro Stoxx 50 6,336.95 -1.37%DAX 25,768.12 -1.97%AEX-Index 1,096.99 -0.58%Nikkei 225 64,325.64 -2.73%Hang Seng 25,311.21 -1.33%Gold $4,351.00 -2.84%Silver $64.20 -4.17%Brent Crude Oil $95.02 +6.39%Natural Gas $2.95 +2.04%Copper $6.54 -0.28%GBP/USD 1.3483 -0.84%GBP/EUR 1.1647 -0.14%GBP/AUD 1.8925 -0.03%Bitcoin (USD) $76,634 -2.06%Ethereum (USD) $2,373 -3.44%FTSE 100 10,729.25 -1.44%Microsoft 501.02 +1.89%NVIDIA 217.44 +2.06%Apple 325.13 +4.91%Google 332.03 -3.29%S&P 500 7,631.47 -0.60%Nasdaq 26,099.77 -0.20%Dow 52,766.88 -1.51%Russell 2000 2,920.13 -2.99%US 10Y Treasury 4.80% +2.83%Euro Stoxx 50 6,336.95 -1.37%DAX 25,768.12 -1.97%AEX-Index 1,096.99 -0.58%Nikkei 225 64,325.64 -2.73%Hang Seng 25,311.21 -1.33%Gold $4,351.00 -2.84%Silver $64.20 -4.17%Brent Crude Oil $95.02 +6.39%Natural Gas $2.95 +2.04%Copper $6.54 -0.28%GBP/USD 1.3483 -0.84%GBP/EUR 1.1647 -0.14%GBP/AUD 1.8925 -0.03%Bitcoin (USD) $76,634 -2.06%Ethereum (USD) $2,373 -3.44%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 18°C OvercastBirmingham 14°C Patchy rain nearbyManchester 14°C Light rain showerNewcastle 14°C Patchy rain nearbyBristol 17°C Patchy rain nearbyPembroke 16°C Light rain showerEdinburgh 15°C Patchy rain nearbyBelfast 16°C OvercastInverness 13°C SunnyPenzance 18°C OvercastHolyhead 15°C Light rain showerNorwich 20°C Overcast
More Info

Financial Crisis Hits Viktor Orbán’s Thinktank in Brussels

Advertisement
Follow News in 60 on Facebook

Frank Furedi has resigned as the head of MCC Brussels, a thinktank closely associated with Viktor Orbán, due to unpaid wages affecting staff since July. This resignation highlights a significant financial crisis within the organisation, which was established to influence political discourse in the EU but is now struggling to maintain operations.

The lack of funding stems from a recent change in the Hungarian government, which has pledged to investigate corruption linked to state financing of the thinktank. This shift raises questions about the future of MCC Brussels, as it has already seen staff reductions and is now down to a skeleton crew of 12 employees.

Furedi’s departure signals potential instability not only for the thinktank but also for the broader political narrative it has supported. The inability to pay staff and suppliers could undermine its mission and reputation, affecting its influence in European political discussions.

As the new government in Hungary seeks to address corruption, the implications for MCC Brussels could extend beyond financial woes, potentially reshaping the landscape of political thought and debate in the EU, especially regarding illiberal governance.

Source: The Guardian

Read more Money news →

News Category: Money Tags: brussels, funding, orbn, resignation, thinktank

Leave a comment

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