MCC Brussels, a high-profile thinktank in the heart of the EU capital, finds itself at a crossroads following Viktor Orbán's defeat in Hungary's April elections. The organisation, once a darling of conservative circles, now faces an uncertain future as its Hungarian benefactors distance themselves from state financing. A significant funding crisis looms large, threatening to undermine MCC Brussels' influence and reputation.
The thinktank's lavish events, featuring prominent speakers like Nigel Farage and Suella Braverman, have become a hallmark of its presence in Brussels. With €6.37 million (£5.45 million) in annual funding from its Hungarian parent institute, MCC Brussels has been able to host high-profile gatherings in elite settings such as the Cercle Royal Gaulois. However, the financial lifeline supporting these events is now under threat.
The new Hungarian administration has initiated an investigation into state financing for conservative organisations, including MCC Brussels' parent institution. The inquiry focuses on the transfer of state assets to Budapest-based MCC, with allegations that prior funding was a 'crime'. MCC director Frank Furedi has dismissed these claims as unfounded and insisted on the transparency of his organisation's finances.
While denying any wrongdoing, Furedi acknowledged that MCC Brussels would need to secure alternative funding by September. He hinted at a potential shift towards increased online presence in case of a 'worst-case scenario'. MCC Brussels has been accused of defending Orbán's government amidst corruption allegations and democratic backsliding concerns, as well as its involvement with far-right groups during farmer protests across Europe.