Office space the size of a bathroom, apartment hotel, and Mr. Geopolitics – we looked at what the research institute of the MNB foundation spent money on

The article discusses the financial activities and outcomes of the Budapest Centre For Long-term Sustainability (BC4LS), established by the Hungarian National Bank's foundation. Despite initial promising goals to enhance financial awareness and sustainability research, the center has struggled to deliver significant scientific results and has faced leadership conflicts. Over five years, it received approximately 1.27 billion HUF in funding but failed to establish a strong presence in the academic community. The center's operations have been criticized for lacking transparency and effectiveness, with connections to influential figures in the MNB scandal. The article highlights the challenges faced by BC4LS in fulfilling its mission and the questionable use of public funds.